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Related Tags: Morgan stanley, Goldman sachs, Credit crisis, Bank of america, Stan o neal, John thain, Financial rescue package, Bank of new york mellon, Citibank, Wachovia, Warren buffett, Jpmorgan, Smith barney, Jp morgan, Cdo, Preferred dividends, Paulson, Berkshire hathaway, Citigroup, Account-protection, Lehman brothers, Warrants.
The latest financial rescue package is centered around a direct government investment of $250 billion, half of which will go in 9 major banks.
I just cannot figure out what they are smoking at Bank of America to pay $44 billion for Merrill.
Probably not. This capitulation sale may be the end of the fall for Merrill, but it has real implications for the rest of the banking industry.
If the market is open, the financials are down 10%. This will continue until we have another Bear Stearns-like failure. Bernanke has told us as much. Don't try to bottom-fish. These are failed...
In times like these, and stupidly only in times like these, people begin to look at the protection (insurance) coverage underwriting their own, individual brokerage accounts. And what one finds is...
It's all over the Web that Stan O'Neal is getting the boot at Merrill for the big write-down they took this quarter. Does he deserve it? Probably not. But you can't cry for him either.
Two months ago, everyone was saying that wealth management was going to save the entire banking industry and that Merrill Lynch is the master in wealth management so it is better situated that...
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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%
|
Dollar Savings Direct
|
|
|
2.31%
|
Vanguard
|
|
|
2.78%
|
State Bank of India, New York Branch
|
|
|
3.15%
|
GMAC Bank
|
|
|
3.75%
|
GMAC Bank
|
|
|
3.50%
|
GMAC Bank
|
|
|
3.70%
|
MetLife Bank
|
|
|
3.80%
|
MetLife Bank
|
|
4.50% |
Flagstar Bank |
|
|
4.50%
|
Acacia Federal Savings Bank
|
|
|
5.64%
|
US Treasury
|
|
|
3.37%
|
Northrop Grumman CU
|
|
|
3.87%
|
Western FCU
|
|
|
3.80%
|
Melrose CU
|
|
|
4.25%
|
Alliant CU
|
|
|
0.05%
|
Various brokerages
|
|
|
0.51%
|
Various brokerages
|
|
|
1.10%
|
Various brokerages
|
|
|
1.65%
|
Various brokerages
|
|
|
2.67%
|
Various brokerages
|
See more product and rate information
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