FT writes "​Money market funds wait to see where the buck will stop". The Financial Times discusses the municipal bond insurers, MBIA, Ambac, FGIC and SCA, and the potential impact on money funds. The overly sensational article quotes unnamed sources speculating on trouble for tax exempt money funds. But it adds, "Investors have not lost money on a US money market fund since 1994 and it is unlikely any fund operator now would allow such an event to occur."

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