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News For: Money Management AnnuityAmeriprise sues Reserve Management after money-market fund ���broke the buck��� Ameriprise Financial Inc. is suing Reserve Management Co. for alleged misconduct in the wake of a run on The Primary Fund, a Reserve Management money-market fund that was exposed to losses from the Lehman Bros. Inc. bankruptcy. AMP The outlook on low-risk investments isn't so bad Investors who stash their cash in money market funds, certificates of deposit or fixed-rate annuities aren't looking for big gains. They just want to protect their principal and earn a little bit of interest. Trichet: ECB Strives For Correct Functioning Of Money Market BRATISLAVA -Dow Jones- The European Central Bank will continue to regard the smooth functioning of the money market as a top priority amid the current financial market turmoil, European Central Bank President Jean-Claude Trichet said Monday. Europe Round Up - Central Banks Continue To Pump Funds Into Money Markets RTTNews - Monday, there was no major statistical report scheduled for the day in Europe. Central banks remained active, pumping in funds into money markets. (AFX UK Focus) 2008-09-22 06:05 ANALYSIS-U.S. plan not seen as quick fix for money market NEW YORK, Sept 21 Reuters - The U.S. government's $700 billion bank bailout plan should boost money markets in the coming week, but don't look for dramatic improvement in global liquidity right away given the lack of detail about the proposal so far. Money markets seized up last week when the Lehman Brothers' bankruptcy led to an upheaval in money market mutual funds. This $3.5 trillion ... Money-Market Rate Falls on $700 Billion Bad-Debt Plan (Update2) Sept. 22 -- The cost of borrowing in dollars overnight fell after the U.S. government widened the scope of its $700 billion bank rescue plan in an attempt to shore up the financial system. No money to spend CASH-STRAPPED HOMEOWNERS MIAMI | Al Ray is so strapped for cash, the only time he eats out is on Wednesday or Sunday, when the local McDonald's sells hamburgers for 49 cents. Japan's central bank pours $14.15b into money market TOKYO -- The Bank of Japan BOJ pumped 1.5 trillion yen $14.15 billion more into the Tokyo money market Monday in a bid to regulate the market in short-term finance between banks and other financial institutions. High-profile ACOA program only receiving fraction of loan money back from tech firms HALIFAX - Six years after Ottawa announced $44 million in loans to 18 technology companies in Atlantic Canada from a highly touted innovation fund, only five firms have begun repaying money they owe and two companies are bankrupt. Lehman Sale to Barclays Challenged by Hedge Fund (Update1) Sept. 22 -- Bay Harbour Management LC, a hedge fund that invests in the debt of bankrupt and distressed companies, challenged a court order approving the sale of Lehman Brothers Holdings Inc. |