Turns out that the US branch of ING (ING is a Dutch bank) is
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.
June 13th, 2011 at 02:19 am 1307931569
June 13th, 2011 at 03:11 am 1307934690
June 18th, 2011 at 02:28 am 1308364089