The Beginning Of The End Of Money Market Accounts

Some cracks already appearing.....just as I suspected.....


http://www.bloomberg.com/apps/news?pid=20601087&sid=a1pkK_jvGsUc&refer=home

Unfortunately.....just the beginning.....and this is a good firm going to bat for its clients....Very rare on Wall Street....Everyone remember when Bear Stearns tried to cut and run to an offshore jurisdiction....but it was dissallowed ? This happened just a few weeks ago...really nice guys.....

More coming to a screen near you......soon....
 
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