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Lehman And the Day the Buck Broke

BIZCATALYST 360°
BY BIZCATALYST 360°

“This is scary. You guys shouldn’t write this. Take it down.” The reader’s comment flashed almost immediately alongside a short Web story we had posted five years ago that said the nation’s oldest money market fund had broken the buck. It was the beginning of a three-day panic, tied to the Lehman Bros. collapse, that most Americans never saw.

via Callaway: Lehman and the day the buck broke.

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