Archive for February 2009

Are Savings Rates headed to ZERO?

Posted 28 February 2009 by
Tagged As: | Categories: Humor, Savings | 1 Comment

Could interest rates for savings accounts possibly be headed for zero percent? Flagstar seems to think so! As I was updating the Savings Rate Wiki this morning, I couldn’t help but gawk at Flagstar’s astonishing new rate: Zero percent! Wow! Sign me up! I have thousands of dollars in my mattress that I want to [...]

The Credit Crisis Explained in 11 Minutes

Posted 19 February 2009 by
Tagged As: | Categories: Market | 1 Comment

I just ran across this fascinating video. Created by Jonathan Jarvis, the video breaks down the credit/mortgage crisis in under twelve minutes. Sure, there’s some simplification involved, but it all ultimately boils down to one disgusting word anyway – GREED. Take a coffee break and watch this. It’s worth it. The Crisis of Credit Visualized [...]

The Official Savings Rate (APY) Change Post

Posted 18 February 2009 by
Tagged As: | Categories: Savings | 14 Comments

To help facilitate easier updating for the official Savings Rate Wiki, I’ve decided to create this post as a central placeholder. I try to stay on top of rate changes as best I can, but rates are falling fast (as of this writing). I could use your help. Here’s where you come in. If you [...]