<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > just when I got my money in the spots I like ...
 

just when I got my money in the spots I like ...

June 12th, 2011 at 06:57 pm

Turns out that the US branch of ING (ING is a Dutch bank) is

Text is on the verge of being bought and Link is http://money.msn.com/business-news/article.aspx?feed=AP&date=20110610&id=13757039
on the verge of being bought, supposedly by either GE or Capital One.

I don't know what that means for me, but I'm fairly sure that 1% interest rate on a highly liquid "checking" (I put that in quotes because you need a very high balance) account is not in the cards.

Sucks, and I'll hold on until the timetable is published (SEC supposedly won't let you secretly sell) but its time to relook.

3 Responses to “just when I got my money in the spots I like ...”

  1. ThriftoRama Says:

    Boo.

  2. anonymouse Says:

    I'd be happy if it was Capitol One. Their online savings account is at 1.1%.

  3. frugaltexan75 Says:

    Yech!

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]