Wasn’t there a HUGE computer transfer of money out of the US early in the crisis? By HUGE I mean far beyond Soros, far beyond the first dozen on the annual World’s Richest list combined, far beyond the market cap of Exxon or GE or Microsoft. So much money that it eliminates a lot of suspects. So much money that it suggests sovereign wealth and leaves few choices there.
after the reserve fund broke the buck, the fed had to halt massive outflows of funds. it is not public where the funds were going, some if it certainly was justified concern about us money market fund safety, at the very least. Anyone watching matters should have been worried if they held a us money market fund.