$60 billion redemption requested from "The Reserve" money market fund...

Discussion in 'Trading' started by simon1080, Sep 20, 2008.

  1. $60 out of $62 billion dollars has been requested to be pulled out of this hedge fund.


    haller at your boy.
    Thats like 95% !

    This is just the start.

    Yes indeed.. with all this fear looming this market is crashing folks one way or the other!
  2. Q12


    That's old news... and it was a money market fund (not a hedge fund). In fact, one of the first money market funds created (1970, I believe).
  3. Perhaps the fund would be better named 'The Reverse'.