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View Diary: I called my wife and said, ‘Get $30,000 in cash out of the bank today.’ (93 comments)

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  •  And, what is seldom mentioned is the (1+ / 0-)
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    Lemahn collapse had started a run on money market funds by large investors.  Unlike the "little people" those guys understood mm funds were not insured.  Thankfully the gov ernment stepped up and announced they would insure for six month and that stopped the flow.

    Proud Democrat since 1960.

    by Lying eyes on Tue Oct 02, 2012 at 04:22:09 PM PDT

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