[spectre]

I don't know who it would affect Wall Street, but if my Credit Union offered me 7 or 8% locked in interest, paid per month...I'd gladly hand them all my savings.

Everyone I know would do the same, and the banks would have "liquidity" again.

But what do I know?

sw

[BGHater]

Just look at Charles Schwab, they are offering 3% for a Checking Acct.

Not bad. They aren’t screaming, they are offering a product.

[meyer]

I don't know who it would affect Wall Street, but if my Credit Union offered me 7 or 8% locked in interest, paid per month...I'd gladly hand them all my savings.

Me too, but it would be awfully hard for them to offer that rate on savings while simultaneously offering loans and mortgages in the 5.5% range.