July 31, as the credit crunch was emerging, some mutual funds of the National Bank had wagered up to 21% of their assets in securities sponsored by Coventree (T. COF), the Toronto firm that cried for help this week to receive emergency funding.

July 31, as the credit crunch was emerging, some mutual funds of the National Bank had wagered up to 21% of their assets in securities sponsored by Coventree (T. COF), the Toronto firm that cried for help this week to receive emergency funding.