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JPMorgan stops accepting new money in a number of money market funds following the ECB yesterday...
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Friday, July 6, 2012, 7:56 AM ETJPMorgan stops accepting new money in a number of money market funds following the ECB yesterday cutting its deposit rate to 0%. Where will the money go? Peripheral bonds? Stocks? (h/t Zero Hedge)
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This news story has 3 comments:
thanks ben - for nothing; free money for big banks, nothing for the people