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E-Loan is offering a leading rate of 4.36% APY on a 1 year CD along with a $25 signing bonus.
Read →Now this is interesting. Goldman will be selling bonds to raise money that are 100% backed by the US government. I wonder what they will price at?
Read →Etrade is offering $25 to open a Max-Rate Savings Account. The account currently pays 3.3% APY which is competitive.
Read →Citigroup received the government bailout today that everyone knew was coming. The question is will this be enough and will Citi be back on the hot seat in a couple of months?
Read →CNBC sent Bill Griffeth for a facelift over the weekend, then put him on Power Lunch with Michelle Caruso-Cabrera, Melissa Francis and Dennis Kneale. Why?
Read →A friend forwarded me this article and I thought some of the data was interesting. It shows that the damage over the last couple of months has brought the market to levels not seen since the Depression.
Read →The Asian markets are open and no word on a rescue plan for crashing Citi. Exactly the same scenario as Lehman. No government, no investors. Amazing inaction again in a moment of crisis.
Read →New York real estate brokers are still saying that housing prices will never fall more than 5% in Manhattan. They are full of shit.
Read →Obama's got a plan, but he won't say were to pay for it. Here is an idea. I know its controversial.
Read →Downey Financial and two other banks were closed and hastily sold off to larger banks by the FDIC. This continues a trend of banks closing and being sold in deals brokered by the FDIC. It is the beginning of a massive consolidation in the banking sector.
Read →With all the attention on Citi and all the speculation about the possibility that it will go down, where is the discussion of Smith Barney and the many people who have accounts with them. Does a crash of Citi mean a crash of Smith Barney and the loss of some or all of the positions in one's accounts?
Read →Obama is about two weeks late on this one, and probably could have saved us from the last three legs of this plunge had he had enough sense to make the appointment earlier.
Read →MetLife Bank is offering a 12-Month Certificate of Deposit (CD) at 4.15% APY.
Read →The Treasury Department has stepped in to help the Reserve Fund liquidate and pay back its investors.
Read →Well, once you get past the mug of Suze Orman, you can decide if this account is for you. Deposit at least $100 into the account monthly for a year and at the end of the 12 months you'll receive an extra $100.
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