US Money-Market Funds Pull Out of Europe

Sounds like the corporate equivalent of a bank run. The banks may be insolvent because of worthless government debt, but don’t worry, they are backed by government guarantees that will protect depositors.
U.S. Prime Money-Market Funds Pull $8 Billion From Deutsche Bank – Bloomberg:: www.bloomberg.com/news/2011-11-11/blackrock-among-….html

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