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I bought a car this weekend using the cash for clunkers program. I got $4,500 off a new car. That's not bad. It will take an awful lot of cash in a 2.5% APY savings account to equal that amount....
Yales's David Swensen, the best performing university portofolio manager over the last 20 years recommends TIPS as a way to hedge against potential inflation caused by the government's economic...
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...
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....
Head of JP Morgan Chase's investment unit, James Staley, says that money market funds are the biggest risk to the financial system now. With over $4 trillion parked in money markets, they are...
More turbulence in the money market fund world as fallout from the Lehman collapse continues. Putnam closed its $12.3 billion Putnam Prime Money Market Fund while Dryfus and Columbia (a division...
Banks seem more competitive than ever to give away free gifts, cash, or other rewards to bring in new online customers. I think these deals might get even better if interest rates get lower and it...
Charitable Gift Annuities provide a way for an individual to make a donation and still receive a stream of payments from the money. But when a charity goes bust, so do the payments.
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...
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...