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Sun, 14 Dec 2008

Banks using high-yield CDs to boost balance sheets

The squeeze is on at financial institutions. In need of liquidity, they are offering products such as certificates of deposit at abnormally high yields to lure new depositors.

Read more here

posted at: 12:00am on 14-Dec-2008
path: /Rhode_Island_USA | permalink

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home << Rhode Island USA << auto banks using high yield cds to boost balance sheets

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