Financial Leverage and the Collapse of Sowood Capital
Submitted by PhilR (bestcashcow.com)
The collapse of Sowood Capital is a good example of the perils of leverage.

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The collapse of Sowood Capital is a good example of the perils of leverage.
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Type
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Top APY/Rate
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Institution
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2.25%
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Everbank
|
|
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0.35%
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Flex Funds
|
|
|
1.25%
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Country Bank for Savings
|
|
|
1.10%
|
TotalBank
|
|
|
2.00%
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First City Bank
|
|
|
2.15%
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USAA Federal Savings Bank
|
|
|
2.30%
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Atlantic Coast Bank / First City Bank
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|
|
2.81%
|
USAA Federal Savings Bank
|
|
3.01% |
USAA Federal Savings Bank |
|
|
3.41%
|
USAA Federal Savings Bank
|
|
|
3.36%
|
US Treasury
|
|
4.30% |
Royal Bank of Missouri |
|
2.00% |
Alliant CU |
|
1.51% |
Wings Financial CU |
|
|
1.76%
|
Wings Financial CU
|
|
|
2.10%
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Alliant CU
|
|
|
2.53%
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Wings Financial CU
|
|
|
3.03%
|
Wings Financial CU
|
|
|
0.09%
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Various brokerages
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|
|
0.19%
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Various brokerages
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|
|
0.92%
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Various brokerages
|
|
|
2.45%
|
Various brokerages
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|
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3.77%
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Various brokerages
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