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Related Tags: Gm, General motors, Debt, Investing, Recession, Bonds, Stocks, General, Retail industry, Retirement planning, Liquidations, Gift cards, Car purchase, Electronic retailers, Under insured, Chrysler, Motors, Risks, Auto industry, Economy, Personal finance, Holiday sales, Automakers, Retirement, Circuit city.
Lender CIT filed for bankruptcy today after the credit crunch dried up its sources of funding. The bankruptcy is one of the largest in US history and will impact thousands of small and medium sized...
Paying off debt is a way of life. Most people have to do get into debt to advance their life. While there is nothing wrong with this, you need to remember that too much debt can definitely be a bad...
Health insurance is supposed to offer protection - both medically and financially. But as it turns out, an estimated three-quarters of people who are pushed into personal bankruptcy by medical...
This is a good lesson on the importance of diversification. From the article: Byrnes said that, like most investors, he saw bonds as a conservative investment when he decided about five years...
The opinion of many analysts concerning the bankruptcy and what the new GM will look like.
This is a great article by an NYU professor which does what nobody else has been willing to do - point out that Obama, by playing favorites to the Unions, has made a mess of the GM bankruptcy -...
With General Motors expected to file for bankruptcy soon, GM stock price has been in a freefall. In fact shares have hit the lowest levels since 1932, which was the year Dow Jones Industrials...
This will reinforce the worries people have with buying cars from a bankrupt or near-bankrupt automaker. From the article: Consumers who filed lemon-law claims against Chrysler recently are...
Thousands of mom-and-pop investors own GM bonds and have seen their value fall along with the fortunes of the auto maker. Just this week GM brought a much tougher offer to bondholders - to swap...
We examined ratings from Moody's and data from other sources to develop a short list of potential victims that ought to be familiar to most consumers. Many of these firms are in industries directly...
Court approves bankrupt electronics retailer's motion to liquidate and close its remaining 567 stores. Never cared much for Circuit City, but I don't like seeing the job loss and the reduced...
There's a new realization that holding a gift card from a troubled retailer is like having a bank account without FDIC insurance.
Is it getting too expensive to file for bankruptcy? Yes, according to the latest statistics.
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Type
|
Top APY/Rate
|
Institution
|
|
2.51%
|
Everbank
|
|
|
0.38%
|
W&R Advisors
|
|
|
1.65%
|
TotalBank
|
|
|
1.65%
|
The Jacksonville Bank
|
|
|
2.25%
|
Academy Bank / The Jacksonville Bank
|
|
|
2.25%
|
Security Savings Bank
|
|
|
2.60%
|
The Jacksonville Bank
|
|
|
3.00%
|
Flagstar Bank / Hudson City Bank
|
|
3.25% |
FlagStar Bank / Hudson City Bank |
|
|
3.50%
|
Acacia Bank
|
|
|
3.36%
|
US Treasury
|
|
4.51% |
Bank of the Sierra |
|
|
1.64%
|
Northrop Grumman CU
|
|
|
2.30%
|
Alliant CU
|
|
|
2.55%
|
Alliant CU
|
|
|
3.00%
|
Alliant CU
|
|
|
0.09%
|
Various brokerages
|
|
|
0.14%
|
Various brokerages
|
|
|
0.91%
|
Various brokerages
|
|
|
2.35%
|
Various brokerages
|
|
|
3.47%
|
Various brokerages
|
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