Wachovia discloses size of money fund loss, saying "Growth was partially offset by a $​40 million valuation loss related to the purchase of certain asset-​backed commercial paper investments from Evergreen money market funds." Dow Jones says the "​Move To Cash At BlackRock Bodes Well For Federated, Legg" writing about powered-​by-​money-​fund-​flow quarterly earnings. Also, WSJ writes "​Citi'​s SIVs: Staving Off a Fire Sale" and "MetroPCS Sues Merrill Over Risky Investment" about a lawsuit over auction rate securities. NYTimes writes "​Banks' Plan to Help May Itself Need Help". Bloomberg writes "​Rhinebridge Commercial Paper SIV May Not Repay Debt". Finally, the Federal Reserve'​s Commercial Paper Outstandings show continued recovery.

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