Re: ING is paying 4.75% until April 15, 2006
Isn't ED cutting its own throat by offering fast transfer speeds but not raising rates? All it will do is encourage people to instantly pull their money out whenever the next deal comes along.
Another thing I wonder about is the high volatility these online banks are experiencing. How can they reasonably lend or invest these savings assets when millions of dollars are pulled out at the drop of a hat?
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