Author Archives: Miley Roshtonson

Bank Cd Rates

This year alone (2010) the FDIC has shutdown thirty-eight financial institutions. The FDIC is expecting to close even more than they did in 2009 (which was a record year). About four hundred to seven hundred are showing signs of distress and with the ever growing residential loan bankruptcies, numerous banks won’t be getting out of the woods. And to make matters worse, commercial loans are showing signs of weakness. Continue reading

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