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

[simon1080]

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

http://www.cnbc.com/id/26803296


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!

 

[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).

 

[RussellDaytrade]

Perhaps the fund would be better named 'The Reverse'.