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90 year old widow Addie Polk shot herself rather than be evicted from her home. Fannie Mae agreed to tear up her thirty year mortgage, taken out in 2004. Did Fannie Mae do the right thing? I'm...
Treasury Secretary Paulson discussed his plan today to shore up the banks by using public money to buy toxic real-estate assets from their balance sheets. Here's how I think it should be...
Here's something to break up all of the doom and gloom we've been reading lately.
Below are excerpts from the FDIC's press release. One thing to note is that like IndyMac's closure, the FDIC is covering 50% of the uninsured deposits. The one big difference is there were only $13...
UBS is getting a slap on the wrist for its role in the auction rate securities matter. It seems that the money is going to make the state whole for its losses (with $1 million going to "educate"...
Guy Hands and his buyout firm Terra Firma Capital Partners Ltd. purchased EMI Records in the hope of revitalizing the label. But with music industry sales declining precipitously, he's fighting a...
Personal loan for tenant are a sign of relief for those who are not homeowners. It carries a bit higher rate of interest as compared to secured loans. Personal loan for tenant can be used for...
From the FDIC press release: "First National Bank of Nevada, Reno, Nevada, and First Heritage Bank, N.A., Newport Beach, California were closed today by the Office of the Comptroller of the...
I am afraid that the stock market is going much, much lower.
The author of this flattering article in the New York Times seems to think she is. He also seems to take a swipe at just about everyone else imaginable, including Katie Couric. I am rather...
Times have been tough recently but not so tough. Let's be thankful that we are in 2008 and not 1933 when there was 25% unemployment and the world was on the brink of a world war. Below are some...
In the current dreadful economic environment, online savings accounts may provide security of your principal (as long as you stay within FDIC limits), but the rates can fall out from under you in a...
Indymac is freezing Home Equity Lines of Credit for a case-by-case review to ensure it doesn't suffer any more significant losses. I wonder what the process is since I don't see how they can...
Like many, I recognize that satire and controversy attract attention and that sells magazines, newspapers, etc. I am not a fan of Barack Obama, but I find the cover the New Yorker to go well...
On July 11, 2008, IndyMac Bank, F.S.B., Pasadena, CA was closed by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC) was named Conservator.
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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
|
APY/Rate
|
Institution
|
|
4.00%
|
WaMu / Amtrust Direct / CNB Bank
|
|
|
5.23%
|
Calvert
|
|
|
4.02%
|
EverBank
|
|
|
5.00%
|
Dime Direct
|
|
|
5.00%
|
WaMu
|
|
|
4.50%
|
Advanta Bank / Geauga Bank
|
|
|
4.51%
|
E-Loan
|
|
|
4.78%
|
Geauga Bank
|
|
|
5.25%
|
Advanta Bank / E-Loan
|
|
|
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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