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Smith Barney Pulling Out the Stops to Delay Transfers - Trying to Stop a Run on the Bank

I've been trying to move large amounts of money out of Smith Barney to the higher yielding online savings
and CD accounts. This week, Smith Barney [...] read more »
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The Beer and Internet Stock Story

I came across this story several years ago and thought it was appropriate for today. You can save and invest all of your life and still not come out[...] read more »
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Government Sells T Bills at 0%; Hasn't Happened Since Great Depression

In an auction on Tuesday, the Treasury sold $30 billion of short-term securities at a 0% interest rate. Investors were willing to accept 0 return to [...] read more »
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State Bank of India Raises Rates on 6 Month CD to 4.32% APY and 12 Month CD to 4.68% APY

The State Bank of India has upped the ante in the rate game and has bucked the trend of recent rate decreases. It now has the top 6 month and 12 mont[...] read more »
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Harvard's Endowment Drops 22%; Marks Popping of Higher Ed Bubble

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.[...] read more »
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Dow Jones Crash Comparison - Great Depression and Today

Today, as I watched the Dow sink below 8,000, I wondered how the sell-off of the last six months compares to the sell-off during the Great Depression[...] read more »
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Top Bankers Say Competition for Your Money is Insanity

Bloomberg published an article today in which several analysts and bank execs said the rates being paid by some banks were insanity (way too high). I[...] read more »
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Does Opening a Savings, CD, or Checking Account Impact Your Credit Score?

We’ve all heard stories about how applying for many savings or cd accounts can have an adverse impact on your credit score
. Is this really true? To[...] read more »
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Savings Account and Certificate of Deposit (CD) Rate Analysis

Analysis of how savings account rates and certificate of deposit rates (cds) are trending base on current and historical data. Updated November 6, 20[...] read more »
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Are I Bonds A Good Investment Now?

Is now a good time to look at I Bonds? Some say yes, I say no. Here's why. read more »
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Bank of America Offering Top 90 Day CD Rate at 4.25% APY

Bank of America is offering a promo for some of the professional organizations listed on the site - i.e. The Society of Mechanical Engineers - but th[...] read more »
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Savings Rates Holding Up During Banking Crisis

Last week the Fed cut rates by 50 basis points (half a percent) but the average rate paid on a savings account
has not dropped significantly. Going [...] read more »
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Federal Deficit Could Soar to $1 Trillion in 2009

Think the deficit and debt are bad now - $30,000 for every person in the US. Just wait another year. This is the unspoken story. We're just trading [...] read more »
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Information on Best CD Rates in the United States

Information on the best cd rates in the country. Covers different terms as well as various types of cds from regular FDIC insured, to brokerage cds,[...] read more »
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US Partially Nationalizing Top US Banks - Citi, Bank of America, Morgan Stanley, Goldman Sachs, and More

It's a screaming headline and it's true. After bringing this country to its knees, many key US banks are now going to have to deal with Uncle Sam f[...] read more »
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