Customers have withdrawn almost $100 million from the fund and over the weekend they took out an additional $20 million from the high-yielding mutual fund.
G.M. withdrew $1 billion during the quarter from the fund, which had assets of $20.2 billion at the end of June.
Of course the money had been withdrawn from the general fund.
Consider a large purchase that a fund manager made during a period when investors were, on balance, withdrawing a lot of money from the fund.
Evans could withdraw living expenses from the fund, and when she retired from swimming she could take the balance.
Federal officials said employers were withdrawing from the fund faster, increasing the burden on those that remained.
"They got very illiquid," recalled one investor who withdrew from the fund.
"If they don't allow us to withdraw from the fund at all, we don't know what we will do."
Of the two persons whom he was marrying, one, the cleverest, was now his mortal enemy, and meditated already withdrawing her interests from the common fund.
The decline was caused by investors withdrawing from the fund following earlier substantial market losses.