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Sorry I mean money market accounts, not CDs. Banks are trying to get their hands on as much of this free, non-fed reserve deposit requirement cash it can get to help their cash flow. That's why they are always trying to get you to switch your $ from CDs to them.
Jan 04 11:37 am
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All Comments by Moon Kil Woong »Year-End Buyouts: Big Challenges for the Big Banks [View article]