John Pitera's Market Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Poet	9/25/2007 5:47:03 PM
	Read Replies (2) of 33421

I have what is probably a very simple question for the business and financial types on this board. I was going to PM it to Sir John P., but I'm willing to risk a little humiliation by asking it publicly... Why, given the subprime fiasco and the growing amount of foreclosures, are the interest rates on bank CD's and MM funds so low? I understand that much of the mortgage debt (esp. subprime) was bought by hedge funds (who are now paying the piper) but I'd think that banks would be willing to pay a bit more for me to loan them my cash. Apologies in advance for this....and go easy. <g>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next