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34f3f3f
ParticipantPatientlywaiting, you may be onto something. I just watched a short interview with JTP, and thought the same. If he wasn’t put up to it, it seems likely that he was coached by McCain people in handling the media frenzy that would inevitably follow. His answers were definitely designed to cash in on the publicity and denigrate Obama.
34f3f3f
ParticipantPatientlywaiting, you may be onto something. I just watched a short interview with JTP, and thought the same. If he wasn’t put up to it, it seems likely that he was coached by McCain people in handling the media frenzy that would inevitably follow. His answers were definitely designed to cash in on the publicity and denigrate Obama.
34f3f3f
ParticipantPatientlywaiting, you may be onto something. I just watched a short interview with JTP, and thought the same. If he wasn’t put up to it, it seems likely that he was coached by McCain people in handling the media frenzy that would inevitably follow. His answers were definitely designed to cash in on the publicity and denigrate Obama.
34f3f3f
ParticipantPatientlywaiting, you may be onto something. I just watched a short interview with JTP, and thought the same. If he wasn’t put up to it, it seems likely that he was coached by McCain people in handling the media frenzy that would inevitably follow. His answers were definitely designed to cash in on the publicity and denigrate Obama.
34f3f3f
ParticipantI’m always a bit loathe to actually go as far as recommending any institution, but has anyone considered offshore. I have used many, for many years, and one of the best is Anglo Irish, because their rates are almost always consistently higher (US$ 4.75%). http://www.angloirishbank.ie/Personal_Savings/Interest_Rates/dollar.html They are an asset management bank so no retail facilities, and of course the Irish Government has guaranteed all deposits. It may be worth checking that this does cover foreign depositors, and not just Irish taxpayers, who after all would foot the bill. Their core business is commercial real estate so some may wish to err on the side of caution, but they claim only a small indirect exposure to US subprime mortgages. However, their stock price has seen quite big dips recently, but this is probably largely attributable to the general trend.
34f3f3f
ParticipantI’m always a bit loathe to actually go as far as recommending any institution, but has anyone considered offshore. I have used many, for many years, and one of the best is Anglo Irish, because their rates are almost always consistently higher (US$ 4.75%). http://www.angloirishbank.ie/Personal_Savings/Interest_Rates/dollar.html They are an asset management bank so no retail facilities, and of course the Irish Government has guaranteed all deposits. It may be worth checking that this does cover foreign depositors, and not just Irish taxpayers, who after all would foot the bill. Their core business is commercial real estate so some may wish to err on the side of caution, but they claim only a small indirect exposure to US subprime mortgages. However, their stock price has seen quite big dips recently, but this is probably largely attributable to the general trend.
34f3f3f
ParticipantI’m always a bit loathe to actually go as far as recommending any institution, but has anyone considered offshore. I have used many, for many years, and one of the best is Anglo Irish, because their rates are almost always consistently higher (US$ 4.75%). http://www.angloirishbank.ie/Personal_Savings/Interest_Rates/dollar.html They are an asset management bank so no retail facilities, and of course the Irish Government has guaranteed all deposits. It may be worth checking that this does cover foreign depositors, and not just Irish taxpayers, who after all would foot the bill. Their core business is commercial real estate so some may wish to err on the side of caution, but they claim only a small indirect exposure to US subprime mortgages. However, their stock price has seen quite big dips recently, but this is probably largely attributable to the general trend.
34f3f3f
ParticipantI’m always a bit loathe to actually go as far as recommending any institution, but has anyone considered offshore. I have used many, for many years, and one of the best is Anglo Irish, because their rates are almost always consistently higher (US$ 4.75%). http://www.angloirishbank.ie/Personal_Savings/Interest_Rates/dollar.html They are an asset management bank so no retail facilities, and of course the Irish Government has guaranteed all deposits. It may be worth checking that this does cover foreign depositors, and not just Irish taxpayers, who after all would foot the bill. Their core business is commercial real estate so some may wish to err on the side of caution, but they claim only a small indirect exposure to US subprime mortgages. However, their stock price has seen quite big dips recently, but this is probably largely attributable to the general trend.
34f3f3f
ParticipantI’m always a bit loathe to actually go as far as recommending any institution, but has anyone considered offshore. I have used many, for many years, and one of the best is Anglo Irish, because their rates are almost always consistently higher (US$ 4.75%). http://www.angloirishbank.ie/Personal_Savings/Interest_Rates/dollar.html They are an asset management bank so no retail facilities, and of course the Irish Government has guaranteed all deposits. It may be worth checking that this does cover foreign depositors, and not just Irish taxpayers, who after all would foot the bill. Their core business is commercial real estate so some may wish to err on the side of caution, but they claim only a small indirect exposure to US subprime mortgages. However, their stock price has seen quite big dips recently, but this is probably largely attributable to the general trend.
34f3f3f
ParticipantI found this on the wall street journal.
“Sectors most helped by the government’s plans to bolster the banking system got the biggest boosts Tuesday. Corporate bonds issued by banks jumped in value and their yields fell sharply, while interest rates on short-term IOUs known as commercial paper decreased.
It could be weeks or months before money flows freely again in the short-term debt markets and corporate-bond yields fall enough to allow banks to fund themselves at attractive rates. That is a necessary step for banks to resume lending to corporations, small businesses, municipalities and individuals.
Mortgage bond rates, though significantly higher than they were a month ago, fell slightly. Struggling companies, some of which have been pushed to the brink because of the tight credit markets, saw yields on their debt fall Tuesday as prices rose, but these firms are still effectively shut out of the debt markets because of high borrowing costs.”
I guess that means that if you still have corporate bonds in financials, you are probably in the clear for the time being.
34f3f3f
ParticipantI found this on the wall street journal.
“Sectors most helped by the government’s plans to bolster the banking system got the biggest boosts Tuesday. Corporate bonds issued by banks jumped in value and their yields fell sharply, while interest rates on short-term IOUs known as commercial paper decreased.
It could be weeks or months before money flows freely again in the short-term debt markets and corporate-bond yields fall enough to allow banks to fund themselves at attractive rates. That is a necessary step for banks to resume lending to corporations, small businesses, municipalities and individuals.
Mortgage bond rates, though significantly higher than they were a month ago, fell slightly. Struggling companies, some of which have been pushed to the brink because of the tight credit markets, saw yields on their debt fall Tuesday as prices rose, but these firms are still effectively shut out of the debt markets because of high borrowing costs.”
I guess that means that if you still have corporate bonds in financials, you are probably in the clear for the time being.
34f3f3f
ParticipantI found this on the wall street journal.
“Sectors most helped by the government’s plans to bolster the banking system got the biggest boosts Tuesday. Corporate bonds issued by banks jumped in value and their yields fell sharply, while interest rates on short-term IOUs known as commercial paper decreased.
It could be weeks or months before money flows freely again in the short-term debt markets and corporate-bond yields fall enough to allow banks to fund themselves at attractive rates. That is a necessary step for banks to resume lending to corporations, small businesses, municipalities and individuals.
Mortgage bond rates, though significantly higher than they were a month ago, fell slightly. Struggling companies, some of which have been pushed to the brink because of the tight credit markets, saw yields on their debt fall Tuesday as prices rose, but these firms are still effectively shut out of the debt markets because of high borrowing costs.”
I guess that means that if you still have corporate bonds in financials, you are probably in the clear for the time being.
34f3f3f
ParticipantI found this on the wall street journal.
“Sectors most helped by the government’s plans to bolster the banking system got the biggest boosts Tuesday. Corporate bonds issued by banks jumped in value and their yields fell sharply, while interest rates on short-term IOUs known as commercial paper decreased.
It could be weeks or months before money flows freely again in the short-term debt markets and corporate-bond yields fall enough to allow banks to fund themselves at attractive rates. That is a necessary step for banks to resume lending to corporations, small businesses, municipalities and individuals.
Mortgage bond rates, though significantly higher than they were a month ago, fell slightly. Struggling companies, some of which have been pushed to the brink because of the tight credit markets, saw yields on their debt fall Tuesday as prices rose, but these firms are still effectively shut out of the debt markets because of high borrowing costs.”
I guess that means that if you still have corporate bonds in financials, you are probably in the clear for the time being.
34f3f3f
ParticipantI found this on the wall street journal.
“Sectors most helped by the government’s plans to bolster the banking system got the biggest boosts Tuesday. Corporate bonds issued by banks jumped in value and their yields fell sharply, while interest rates on short-term IOUs known as commercial paper decreased.
It could be weeks or months before money flows freely again in the short-term debt markets and corporate-bond yields fall enough to allow banks to fund themselves at attractive rates. That is a necessary step for banks to resume lending to corporations, small businesses, municipalities and individuals.
Mortgage bond rates, though significantly higher than they were a month ago, fell slightly. Struggling companies, some of which have been pushed to the brink because of the tight credit markets, saw yields on their debt fall Tuesday as prices rose, but these firms are still effectively shut out of the debt markets because of high borrowing costs.”
I guess that means that if you still have corporate bonds in financials, you are probably in the clear for the time being.
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