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How GM Bankruptcy Filing Impacts GMAC and Ally Bank - Corporate News Article - gmac, ally bank, gm bankruptcy

Information about the solvency of GMAC- now Ally- in light of the GM bankruptcy read more »
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The American Bankers Association Asks FDIC To End Bank Competition By Forcing Ally Bank to Lower Deposit Rates - Savings

The American Banker's Association sent a ltter to the FDIC's Sheila Bair on May 27th, requesting the agency take action to force Ally Bank to lower[...] read more »
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Stimulus Programs - US, Federal Reserve, States, Foreign

Great coverage of the ever changing government stimulus read more »
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Bank Profits Somehow Increasing Even Though Economy Worsening

So here's an interesting question: how are bank profits increasing when the economy and many of the loans written by the banks are in worse shape th[...] read more »
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Wells Fargo Profits on the Backs of Savers

Wells Fargo posted a first quarter profit today that exceeded analysts expectations. CFO Howard Atkins came right out and said it was because they ar[...] read more »
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Comparison of Stock Returns to Savings Account Returns Shows Buy and Hold Bad Idea

How much more would an investor who put their money in the stock market would have earned versus someone who just stuck it into an FDIC insured savin[...] read more »
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CV Therapeutics gets buyout offer

Cardiologist blogger gives his thought on the potential takeover of CV Therapeutics by Astellas read more »
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Obama, in first nod to financial crisis, spend big time on train, parties and parade

I agree with this article. Obama's big party seems wasteful and in poor taste as unemplayment is peaking. read more »
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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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Has citibank entered the death spiral

Article predict the eminent collapse of Citi. Probably right.
I guess there is still a little room to play the short side on this one. read more »
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Madoff Holds the Cards

Good article about why Madoff isn't in jail. read more »
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Munis not safe investments as assumed.

Problems in the muni market.
Not surprising: The same broker who got me into Auction rate securitires right before they blew up has been hyping m[...] read more »
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GMAC converted to Bank Holding company- Good NEws for GMAC

I recently took a chance on a CD from GMAC- good to see that I wont have to deal with an FDIC bailout situation. 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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Everbank offers $40 bonus to new account holders opening checking accounts through bestcashcow.com

IF you have the money, this is a great deal.
Everbank has always has a great rate- now 4.0% on their checking account. The rate is locked in for 3 m[...] read more »
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