Money market funds cut euro bank exposure

Money market funds cut euro bank exposure US money market funds have sharply cut their exposure to banks in the eurozone over the past few weeks and reduced the availability of credit, even in stronger countries such as France
http://link.ft.com/r/BLH300/PFNFVR/UUPHQX/C5AATW/ORJWJZ/36/h?a1=2011&a2=7&a3=24