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It was now publicly acknowledged that the Primary Fund was exposed to Lehman’s failure. According to the minutes, he described «what appeared to be a operate on the Primary Fund.» But he did not mention that State Street, the fund’s custodian bank, had identified as to report that the huge quantity of redemptions had caused the Primary Fund’s account to be overdrawn, and the bank was suspending overdraft privileges, in accordance to the S.E.C. As the time passed, Lewis grew impatient, and named quite a few occasions to inquire where by the papers were. John Thain known as Ken Lewis with the news. This compares to forty nine p.c who relied on conventional print media and forty eight percent who relied on television information. The financial investment class and humble 401(k) holders alike are beneficiaries of a mounting GDP and booming inventory marketplace that, as measured by the Dow, is up some 250 p.c given that its September 10, adult-Free-chat-rooms 2001, shut.