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Michael Bloomberg

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paul.kedrosky.com - 10/1/2009

So Long, and Thanks For All the Savings

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So much for that brief U.S. dalliance with a higher savings rate. The latest BEA data shows that August personal savings rate in the U.S. fell to 3.0%. Here is a Bloomberg chart putting it all in context. To be somewhat more serious, and as the following figure shows, the trend is still to ...

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moneyning.com - 10/9/2009

Why Does High Yield Savings Account Rates Change

— moneyning.com — Do you get a little pissed when the high yield savings account rates go down the minute... you sign up? I do. It’s no secret that institutions are dropping interest rates like fighter jets in World War II, but for what reason? Sure, everyone talks about the record low federal reserve ... (more) Why Does High Yield Savings Account Rates Change

Stocks

Comments vote downundo vote up dning88 posted 10/9/2009posted this

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feedproxy.google.com - 10/9/2009

Why Do High Yield Savings Account Rates Change

— feedproxy.google.com — Do you get a little pissed when the high yield savings account rates go down the minute... you sign up? I do. It’s no secret that institutions are dropping interest rates like fighter jets in World War II, but for what reason? Sure, everyone talks about the record low federal reserve ... (more) Why Do High Yield Savings Account Rates Change

Stocks

Comments vote downundo vote up dning88 posted 10/9/2009posted this

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Thursday links: downward drift
Abnormal Returns — ... [noted short-seller] for SEC Chair!  (Jeff Matthews) “In other words, models succeed because they meet the needs of real human beings, and VaR was just what they needed during the boom.”  (Baseline Scenario) How worried should we be about bank balance sheets?  (Clusterstock) Is the personal savings boom already over?  (Infectious Greed) One estimate of what massive fiscal ...