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Harvard today announced that its endowment had dropped by 22% or $8 billion. The loss is greater than the total endowments of all but 4 universities. This marks the popping of one of the last...
Hedge Fund Manager George Schultze is complaining because the government's bankruptcy settlement for Chrysler puts the worker's underfunded pension obligations above his bond investments. He...
In 2004, while the housing market was going strong and Wall Street was churning out mortgage backed securities, a former Dr. and now hedge fund manager named Michael Burry began to take big bets...
Pimco, one of the largest bond companies in the world hasn't been redeeming its preferred auction rate security holders. It's still working through the mechanism of how to get the money back....
Millions of investors have parked their cash in brokerage sweep accounts. In most cases, this is a bad idea.
Think the auction rate security saga is over? Not. Today, TD Ameritrade agreed to pay $465 million to its customers to reimburse them for losses taken in the ARS default mess.
Sallie Mae is one of the newest entrants into the online banking industry. What can you expect from their online savings accounts and CDs?
Humorous lesson on risky and high-flying investments.
When not denying environmental degradation, Ben Stein is giving bad advice on mortgages, commodities and overseas investments.
Chicago-based hedge fund, Citadel Investment Group, bought at basement prices the distressed assets of the much smaller hedge fund Sowood Capital. The story here is twofold: (1) there is plenty of...
One of the largest money market funds has frozen redemptions for seven days as the net asset value of its shares falls below $1. THIS IS A MONEY MARKET FUND, NOT A MONEY MARKET ACCOUNT. MONEY...
Market market fund rates dropped to record lows this week driven by the drop in short term treasury yields. The top money market fund according to BestCashCow is the Vanguard Prime / MMF Investor...
TradeKing , which is one of the best online discount brokers, just sent me an email telling me about a promotion where if you refer a friend to TradeKing, both of you get $50. This is as part of...
I recently learned that it would cost me $200,000 to graduate from my Alma mater. It made me wonder if the cost was worth it.
This is a really interesting article that I used as a source for my own college article. It's worth the read, especially if your going or sending someone to college soon.
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Type
|
Top APY/Rate
|
Institution
|
|
2.25%
|
Everbank
|
|
|
0.35%
|
Flex Funds
|
|
|
1.25%
|
Country Bank for Savings
|
|
|
1.10%
|
TotalBank
|
|
|
2.00%
|
First City Bank
|
|
|
2.15%
|
USAA Federal Savings Bank
|
|
|
2.30%
|
Atlantic Coast Bank / First City Bank
|
|
|
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%
|
Alliant CU
|
|
|
2.53%
|
Wings Financial CU
|
|
|
3.03%
|
Wings Financial CU
|
|
|
0.09%
|
Various brokerages
|
|
|
0.19%
|
Various brokerages
|
|
|
0.92%
|
Various brokerages
|
|
|
2.45%
|
Various brokerages
|
|
|
3.77%
|
Various brokerages
|
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