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NetBank's stock is now worth $.08 as the company has lost big money on its loan portfolio. Everbank was supposed to buy them but the deal is off - lucky for Everbank.
It looks like the hammer finally fell. The Wall Street Journal and Bloomberg are reporting that the Fed has brokered a deal for JP Morgan to take over the bulk of WaMu's deposits, branches, and...
Two more banks failed yesterday, Northville, Mich.-based Main Street Bank and Eldred, Ill.-based Meridian Bank bringing the total number of failed banks in 2008 to 15.
Downey Financial Corp. revealed in its quarterly filings that the Office of Thrift Supervision, its main regulator has imposed several restrictions on its activities.
When I was in college, Morgan Stanley was the place all of the soon-to-be Ibankers wanted to be. It was the blue chip, along with Goldman, of the NY Investment banking world. A company that once...
Jordan's Furniture, a store owned by Warren Buffet, made a bet with its customers last spring that if the Red Sox won the world series, any furniture (sofas, tables, mattresses) purchased between...
Ann Moore, CEO of Time Inc. discusses why they closed Business 2.0, the future of advertising, how the Internet plays, etc.
The battle between Wells Fargo and Citi for Wachovia is over and Wells is the winner. Citi walked away citing concerns over Wachovia's loan portfolio. Wells gets to greatly expand its banking...
Clarence Barron started Dow Jones in the basement of a candy store. At the time, people scoffed that business news would be read and would have any real value.
The musical chairs continue at Fidelity and the latest to get caught without a chair is Ellyn McColgan. The media seem to think Ned Johnson is letting go of his key people, but I think Ned knows...
Netflix is and was a great idea and a great company. It changed the way we think about video and about home movies. It changed and enriched our lives. But, sadly, Netflix will in time become a...
Facing new writeofs, Citi could be looking to get as much as $10 billion, likely all from foreign governments...Countrywide Corp. on collision course with bankruptcy...
This the financial failures are just confined to the US and Europe. The cloud has spread to Japan, sucking in Japense insurer Yamato Life.
The article suggests that it may transform the US grocery store market. Warren Buffett is buying up Tesco's stock so must have been persuaded.
Marketwatch reports that Countrywide is looking for more investors a-la Bank of America. The company is also letting go of between 10-15,000 employees. Clearly the company isn't out of the woods...
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BestCashCow provides information on the best CD (certificates of deposit) rates, the best money market rates, the best savings rates, and more - as well as financial information that can help you make better decisions with your money.
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Type
|
Top APY/Rate
|
Institution
|
|
4.00%
|
Amtrust Direct / CNB Bank / Dollar Savings Direct
|
|
|
5.11%
|
Calvert
|
|
|
3.95%
|
Crestmark Bank
|
|
|
4.50%
|
Dime Direct
|
|
|
4.65%
|
Corus Bank
|
|
|
4.50%
|
Advanta Bank
|
|
|
4.52%
|
Discover Bank
|
|
|
4.75%
|
Discover Bank
|
|
|
5.25%
|
Advanta Bank
|
|
|
4.84%
|
US Treasury
|
|
|
3.50%
|
Federal Home Loan Bank (state and local tax exempt)
|
|
|
3.75%
|
Northrop Grumman FCU
|
|
|
4.32%
|
Melrose CU
|
|
|
4.47%
|
Melrose CU
|
|
|
5.00%
|
Pentagon FCU
|
|
|
0.90%
|
Various brokerages
|
|
|
1.60%
|
Various brokerages
|
|
|
1.96%
|
Various brokerages
|
|
|
2.97%
|
Various brokerages
|
|
|
3.82%
|
Various brokerages
|
See more product and rate information
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