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2:23
YouTube
Bloomberg Television
2008 Money Market Crisis | On This Day
Let's take a look back in history to 16 years ago when a two day, $200 billion run on money market funds began on September 17th, 2008. It started when the Reserve Primary Fund, the OG money market product created in 1970, broke the buck, an admission that shares were no longer worth $1 as promised. -------- More on Bloomberg Television and ...
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