Rumours that one large US instit has MM fund problems have been denied

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Legg Mason Says No Money-Market Funds Have Fallen Below $1 NAV
2008-02-13 11:53 (New York)


By Sree Vidya Bhaktavatsalam
Feb. 13 (Bloomberg) -- Legg Mason Inc., denying market
speculation, said none of its money-market funds fell to less
than $1 in net asset value.
``None of the Legg Mason money-market funds have broken the
buck at all,'' Mary Athridge, a spokeswoman for Baltimore-based
Legg Mason, said today in an interview.
 
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