Investing, Stocks, Economy, Value, Income, Buffett, Passive, Dividends, Retirements, Recession, Apple, Stock, Dividend, Retirement, Google, Real estate, Housing, Market, Inflation, Banks, Stock market, China, Oil, Interest rates, Iphone.
Related Tags: Goldman sachs, Warrants, Merrill lynch, Financial rescue package, Citigroup, Warren buffett, Bank of america, Paulson, Preferred dividends, Bank of new york mellon, Berkshire hathaway, Morgan stanley.
The latest financial rescue package is centered around a direct government investment of $250 billion, half of which will go in 9 major banks.
As this Bloomberg article points out, these two banks are sitting on $11 billion in debt that they cannot unload.
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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.
|
Type
|
Top APY/Rate
|
Institution
|
|
4.00%
|
Dollar Savings Direct
|
|
|
2.66%
|
Vanguard
|
|
|
3.50%
|
Crestmark Bank
|
|
|
4.06%
|
State Bank of India, New York Branch
|
|
|
4.25%
|
GMAC Bank / Sovereign Bank
|
|
|
4.40%
|
Umbrella Bank
|
|
|
4.50%
|
Umbrella Bank
|
|
|
4.60%
|
Discover Bank
|
|
|
5.21%
|
Discover Bank
|
|
|
5.64%
|
US Treasury
|
|
|
3.50%
|
Federal Home Loan Bank (state and local tax exempt)
|
|
|
4.00%
|
Northrop Grumman CU
|
|
|
4.22%
|
Melrose CU
|
|
|
4.37%
|
Melrose CU
|
|
|
5.00%
|
Pentagon FCU
|
|
|
0.03%
|
Various brokerages
|
|
|
0.51%
|
Various brokerages
|
|
|
.99%
|
Various brokerages
|
|
|
1.97%
|
Various brokerages
|
|
|
3.18%
|
Various brokerages
|
See more product and rate information
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