Financial Times FT.com

The Short View: Follow the money

By John Authers, Investment Editor

Published: April 8 2008 20:05 | Last updated: April 8 2008 20:05

Follow the money. A huge amount of it is sitting on the sidelines. Where it goes could determine how the current crisis in markets is resolved.

Money market funds have problems. Since the crisis hit the money markets last summer, it has been harder for them to beat returns on saving accounts. The returns they offer have seldom been so unattractive.

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