Sunday, December 7, 2008

$12B drained from mutual funds

$12.1 billion was withdrawn from stock-based mutual funds in the previous week. Investors had put $10.4 billion into these funds.In addition to the drainage of stock-based mutual funds, bond funds had an outflow of $6.8 billion.

1 comments:

Anonymous said...

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There has been some recent news you might like to hear.Obama is making it better for us already! There has been an increase of money availability to everyone. Due to recession there is increased funding for all types of grants. Even lenders are bending over backwards to bail you out too. Regardless of statistics, there is people getting tons of cheap money for personal use, investments,start businesses, buy homes, pay off debt, and more. Bailout is for YOU