ICI'​s Weekly Money Fund Asset Series shows assets flat in the latest week. As of August 20, money fund assets declined $​1.​45 billion to $​3.​573 trillion, slightly below last week'​s record level of $​3.​575 trillion. Retail assets fell $​1.​35 billion to $​1.​239 trillion, while institutional assets fell $​98 million to $​2.​334 trillion. In other news, Bloomberg writes "​Cuomo Snubs Treasurers in Auction-​Rate Debt Rescue", which discusses how corporations are being left out of ARS settlement talks. It says, "Some finance managers are moving their cash to the trading desks of commercial banks as others shift to money-​market funds or bank accounts," sourcing Treasury Strategies' Anthony Carfang.

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