BlackRock is sub-prime free, Larry Fink told Swiss newspaper NZZ am Sonntag in an interview. Reuters reports that Fink told the paper, "We pulled out of short-term debt one-and-a-half years ago, because we thought market prices did not make sense anymore." Fink also looked into his crystal ball to give the paper this prediction: "Problems are more in money market funds, in liquidity and in the mortgage business ... I think we will see more problems, especially in Europe." 

Edited by: Erin Kello


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