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The $400 Billion Money-Fund Exodus With Banks In Its Crosshairs

FYI: Investors are poised to pull as much as $400 billion from U.S. money-market funds that buy such debt, known as commercial paper, JPMorgan Chase & Co. predicts. The looming exodus, a consequence of steps to make money markets safer after the financial crisis, is set to accelerate before October
Regards,
Ted
http://www.bloomberg.com/news/articles/2016-02-23/the-400-billion-money-fund-exodus-with-banks-in-its-crosshairs
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