Comment: Goldman and JP Morgan shutdown European MM Funds. Rate 0%

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Goldman and JP Morgan shutdown European MM Funds. Rate 0%

European Money Market Industry Shutting Down As Goldman Closes MM Fund, Says In "Unchartered Territory"
Update: BlackRock to restrict subscriptions into 2 Euro money funds

We were the first to bring news that overnight JPMorgan has halted investment in its European money market funds following the ECB's decision to cut the deposit rate to 0%. Now, it is Goldman's turn:
http://www.zerohedge.com/news/european-money-market-industry...
http://www.bloomberg.com/news/2012-07-06/jpmorgan-shuts-euro...
http://finance.yahoo.com/news/jpmorgan-shuts-europe-money-ma...