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  #1 (permalink)  
Old May 24th, 2008, 07:45 AM
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Location: long Beach, PRK.
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Doing business with Freemont Finincial or Countrywide Finincial?

Anybody have any money markets withe either Freemont Finincial or Countrywide? Freemont has already filed Chapter 13 (bankruptcy) and I hear that Countrywide is not doing so hot either. How safe do you feel with money markets in either of these places? $50K & above Jumbo size money markets?
These two places are paying the highest rates that I know of for $50K & above money markets. & btw, watch doing business with Wachovia as far as money markets are concerned? They just dropped their money market rates to an unbelievable 1.6% APY regardless of amount invested.
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'87 Buick Turbo Regal, 22K miles
'02 Quicksilver Z06 Vette, 55K miles
'98 Honda CBR1100XX, 1.2K miles
Garage prostitutes, to the max
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  #2 (permalink)  
Old May 24th, 2008, 07:52 AM
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country wide

with country wide, you have to mail your money out of state, texas, no inertest for the time its in the mail both ways, sometime thats 1 week each way ???
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  #3 (permalink)  
Old May 24th, 2008, 10:16 AM
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Gary

I currently have some $$ in Wamu, platinum accounts, rate varies, but no restrictions at all. currently paying 3.9%
for another good one, Pentagon Federal Credit Union ( penfed)
again, have some in their Money market accounts.
I'm sure there are others, but I hate restrictions and small print.

see ya next week
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  #4 (permalink)  
Old May 24th, 2008, 10:28 AM
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You got mail, Cruz, & thanks for the info. & yes, see you weekend after next, isn't it?
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TIA: Gary Wells / "TOLTK"
'87 Buick Turbo Regal, 22K miles
'02 Quicksilver Z06 Vette, 55K miles
'98 Honda CBR1100XX, 1.2K miles
Garage prostitutes, to the max
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  #5 (permalink)  
Old May 24th, 2008, 12:01 PM
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The only accounts Wamu shows like that now is 4.2% or so for 100K locked up for 4 years minimum in a CD, not quite the same as a money market. Everything else that they show is way below that, not even 3%. I like the flex of a money market.
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TIA: Gary Wells / "TOLTK"
'87 Buick Turbo Regal, 22K miles
'02 Quicksilver Z06 Vette, 55K miles
'98 Honda CBR1100XX, 1.2K miles
Garage prostitutes, to the max
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  #6 (permalink)  
Old May 24th, 2008, 12:49 PM
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I think that Countrywide has been bought up by Bank America...Doubt they'll go "tango uniform"..
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  #7 (permalink)  
Old May 24th, 2008, 01:32 PM
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I trust Bank of America so little that when they bought out MBNA Credit that I don't even wait for my credit card bill to come from them, I call find out the balance and then go directly to the nearest B of A branch and pay it in person so that I have a receipt just in case. And Fwiw, World Savings has gone to hell since Wachovia has bought them out a year back.
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TIA: Gary Wells / "TOLTK"
'87 Buick Turbo Regal, 22K miles
'02 Quicksilver Z06 Vette, 55K miles
'98 Honda CBR1100XX, 1.2K miles
Garage prostitutes, to the max
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  #8 (permalink)  
Old May 24th, 2008, 03:09 PM
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Originally Posted by Gary Wells View Post
I trust Bank of America so little that when they bought out MBNA Credit that I don't even wait for my credit card bill to come from them, I call find out the balance and then go directly to the nearest B of A branch and pay it in person so that I have a receipt just in case. And Fwiw, World Savings has gone to hell since Wachovia has bought them out a year back.
This is my portfolio account Gary

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Old May 24th, 2008, 03:18 PM
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If those are singles in there, keep an eye on your kids & the wife, if those are $5's or better, I'm on my way over to visit.
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TIA: Gary Wells / "TOLTK"
'87 Buick Turbo Regal, 22K miles
'02 Quicksilver Z06 Vette, 55K miles
'98 Honda CBR1100XX, 1.2K miles
Garage prostitutes, to the max
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  #10 (permalink)  
Old May 24th, 2008, 03:19 PM
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Actually...........

I keep both of my life savings dollars in my safe at home, guarded by my 12lb boston bull dog, and an unloaded pellet rifle.
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Old May 24th, 2008, 04:15 PM
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damn must be nice to be big ballers like you guys... i have 2 bucks in my wallet and 5 in the checking...
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  #12 (permalink)  
Old May 24th, 2008, 05:10 PM
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If those are singles in there, keep an eye on your kids & the wife, if those are $5's or better, I'm on my way over to visit.
Those are my Obama dollars, look real on the outside but fake on the inside LOL
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  #13 (permalink)  
Old May 24th, 2008, 07:00 PM
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Originally Posted by nordy racer View Post
damn must be nice to be big ballers like you guys... i have 2 bucks in my wallet and 5 in the checking...
Nothing different here, Mike, I have about 2 in my wallet & about 13 in my checking.
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TIA: Gary Wells / "TOLTK"
'87 Buick Turbo Regal, 22K miles
'02 Quicksilver Z06 Vette, 55K miles
'98 Honda CBR1100XX, 1.2K miles
Garage prostitutes, to the max
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  #14 (permalink)  
Old May 24th, 2008, 07:01 PM
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Nothing different here, Mike, I have about 2 in my wallet & about 13 in my checking.
And about 5 MEEEELLLIIIOONNNN in investments


DAMN BACK ON TOPIC,,,,,,,,,,,,,,,,,,, SORRY GARY!
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  #15 (permalink)  
Old May 24th, 2008, 09:55 PM
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Originally Posted by JOHNDEEREGN View Post
And about 5 MEEEELLLIIIOONNNN in investments


DAMN BACK ON TOPIC,,,,,,,,,,,,,,,,,,, SORRY GARY!
Ty:
I'm so broke I have to take a co-signer with me to pay cash &
if I had your money I could burn mine,
that is if I could borrow some to burn.
__________________
TIA: Gary Wells / "TOLTK"
'87 Buick Turbo Regal, 22K miles
'02 Quicksilver Z06 Vette, 55K miles
'98 Honda CBR1100XX, 1.2K miles
Garage prostitutes, to the max

Last edited by Gary Wells : May 24th, 2008 at 09:58 PM.
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  #16 (permalink)  
Old May 25th, 2008, 08:24 AM
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Originally Posted by Gary Wells View Post
Ty:
I'm so broke I have to take a co-signer with me to pay cash
Now that there is FUNNY AS H***
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