Thursday, September 18, 2008

Not a headline to read before a cup of coffee

In all the meltdown news in today's papers, this was the headline that got me to click over and read first:

Money Market Funds Enter a World of Risk
Your Money - Money Market Funds Enter a World of Risk - NYTimes.com

Too much Lehman in the recipe -- that's the problem. The neighbor-nurse worries that her Florida retirement is wobbly thanks to too much Lehman in the mix. The next seat at the table last night worries that her bank, WaMu, is next in line. This is not just Wall Street. This is 71st Street in Miami Beach, too.

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