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Related Tags: Banks, Banking industry, Bank of america, Bear stearns, Countrywide, Cars, Citi, Google, Wachovia, Ag, Banking, Economy, Evasion, Ford, Subprime, Tax, Ubs, Walmart, Ceo, Citigroup, Credit crisis, Dow jones, Freddie mac, Gas prices, Indymac.
The NY Times is reporting that Wachovia and Citi are in merger talks. Wachovia needs a buyer. It's stock is getting crushed and it's suffering from a bundle of bad mortgage loans.
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...
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.
As Bank of America's stock has plunged, its dividend has soared. It paid a dividend of 64 cents a share in April which amounts to a 11.61% dividend yield. Should you invest? It depends on your...
The next Harry Potter book is due soon but many in the industry aren't making as much as you think off the series. Darker days are also ahead as the series comes to a close. Enjoy it while you can!
McDonald's dollar menu is coming under pressure and higher costs make it increasingly unprofitable. The company is testing ways of making the cheeseburger on the menu more profitable.
Banks will have to refinance an estimated $787 billion in floating-rate notes by the end of 2009. They need money to refinance. Guess one place they'll go to get it?
Downey Financial Corp. revealed in its quarterly filings that the Office of Thrift Supervision, its main regulator has imposed several restrictions on its activities.
Kerry Killinger, the now ex-CEO of Washington Mutual joins other CEOs from financial services companies in the unemployment line.
The bloodletting isn't done yet.
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...
As was widely expected, Wachovia was purchased today, marking the end of another large financial institution. It was a little surprising that Citigroup was the buyer considering their weakened...
This is a good blog post with some history of past bank failures and what we may expect in the future. A chart shows how bad it got in the late 80's and early 90's. Hope it doesn't get that bad...
The FDIC released their Quarterly Banking Profile today and it looks pretty grim. Net banking income declined 87% and the number of problem banks grew from 90 to 117.
How will the seizure of Fannie and Freddie impact you in your day-to-day lives? Read on.
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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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