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Entries from September 25th, 2009

Bank Savings Rates Have Stirred Charlie’s Ire

September 25th, 2009 · 1 Comment · Runaway Trading, Stock Trading

Well, what can you expect? Anytime you’ve got the Feds monkeying with monetary policy, you know you’ve got trouble. In this case, the Feds have whacked short-term interest rates, and accordingly, the banks and S&Ls have truncated the rates they pay savings account holders.
And how bad is it? Drumroll, please.
I did some checking on the [...]

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