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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (15970)	6/29/2004 1:37:51 AM
From: Elroy Jetson	Read Replies (2) \| Respond to of 110194

I had $100k sitting in a Washington Mutual "Platinum Account" when they were paying 2.5%, as did many friends of mine. We all closed our accounts five months ago within days after Wamu dropped the rate to 1.36%. I too think the margins in their business has collapsed. Until the Fed pulls it together, which I wouldn't count on any time soon, Citibank Australia pays 5.4% on AUD while Citibank London pays 4.25% on Sterling accounts.