VIDEO ON MSN MONEY
That worked real well for wealthy Russian investors in Bank of Cyrus when the economy collapsed.
Accounts were frozen to prevent further bank runs and charged a up to 40%% on larger accounts over $100,000 Euro to help stabilize the banks.
The Russians were making up 15% interest on savings until the banks started to fail.
Must be a good investment if foreign countries are buying it up like it was a fire sale.
The Government should borrow money from the people that have money in the banks instead of from China. They let the banks use are money . The reason the economy is bad cause a lot of the people cannot draw any interest on their money so they have less to spend and live on.
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[BRIEFING.COM] The stock market finished the Wednesday session on a modestly lower note, but it is worth mentioning today's retreat took place after six consecutive gains. The Dow Jones Industrial Average (-0.1%) and S&P 500 (-0.2%) settled not far below their flat lines, while the Nasdaq Composite (-0.8%) lagged throughout the session.
Equity indices started the day in the red, with the Nasdaq showing early weakness as large cap tech names and biotechnology weighed. The technology ... More
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