cds

AIG May Sue Goldman for $2 Billion in CDO Fraud Case

According to The Financial Times, AIG is hoping to piggyback on the SEC's fraud case against Goldman Sachs to recover $2 billion that it paid the investment bank. But what's missing from the article is any evidence that AIG has a case against Goldman.

UMG testing lower CD prices

If CDs are priced at $9.99 or less, would you buy them instead of downloading them? The Universal Music Group plans to test that premise by dropping...

Discount Brokers Pushing Savings Products

As the personal savings rate in the US has grown to 4.4% and continues to rise, Charles Schwab, TD Ameritrade and ING Direct are enticing investors to save a portion of that growing asset base with them.

Fear driving people to fixed annuities

One of the worst things you can do with your money right now is lock it up in an investment while the interest rates are so low. But that's exactly...

Finally, Netflix gets a challenger

Netflix (NFLX) has been able to hold off attempts by Blockbuster (BBI) to challenge its CD-through-the-mail model. It has also added an internet...

SEC returns to its enforcement role

Trying to rebuild its reputation as the top securities cop, the SEC is pushing vigorously into areas it avoided under former chief Christopher Cox....

Underrated in America: CDs

CDs. Certificates of Deposit. They may offer low interest rates than you've grown accustomed to, but at least they offer some return on your money...