MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, September 24, 2007 Fink Says BlackRock is Safe from Sub Prime BlackRock is sub-prime free, Larry Fink told Swiss newspaper NZZ am Sonntag in an interview. Reuters reports that Fink told the paper, "We pulled out of short-term debt one-and-a-half years ago, because we thought market prices did not make sense anymore." Fink also looked into his crystal ball to give the paper this prediction: "Problems are more in money market funds, in liquidity and in the mortgage business ... I think we will see more problems, especially in Europe." Printed from: MFWire.com/story.asp?s=15846 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |