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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: savings account

savings account stories: 5 news summaries

Hackers Get Bank Accounts of Sarko's Dad, Ex-Wife

Investigators now believe thieves may have been politically motivated

Oct 31, 08 3:01 PM CDT
(Newser) - The same hackers who stole small amounts of money from Nicolas Sarkozy’s bank account appear to have gotten into the accounts of his father and first wife as well, the Times of London reports. They didn't steal money but rather set up phony cell-phone accounts. Police initially thought the... More »

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Nicolas Sarkozy • France • bank • savings account • bank fraud • French president • Societe Generale

 McCain: Protect All Savings 


Oct 14, 08 12:18 PM CDT
(AP) - Republican John McCain says he would order the Treasury Department to guarantee 100% of all savings for the next 6 months as president. That provision is part of a $52.5 billion plan the presidential candidate laid out to address the nation's deepening financial crisis. "The moment requires that... More »

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John McCain • Treasury Department • savings account • FDIC • McCain 2008 • Election 2008 • financial crisis

UBS: No More Swiss Cheese for US Clients

Bank under scrutiny for aiding tax evasion apologizes, shuts door

Jul 17, 08 3:08 PM CDT
(Newser) - A UBS executive told a Senate probe today the bank will no longer host accounts for US clients, the Wall Street Journal reports. The Swiss bank is under investigation by the IRS for marketing tax-evasion strategies involving its offshore accounts to wealthy Americans. The Senate panel estimates that the US... More »

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taxes • IRS • Senate • UBS • tax evasion • savings account • Swiss bank

 Cybercrime Getting Organized 

Hackers, identity thieves working more like mafia; profits increasing

Jul 16, 08 5:20 PM CDT
(Newser) - There’s serious money to be made in cybercrime, and its perpetrators are beginning to reflect that fact, Ars Technica reports. Lone hackers have been replaced with hierarchical organizations that divide the criminal risks inherent in stealing and reselling (usually financial) information. The cybercrime "firms" are growing steadily as... More »

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organized crime • hacker • Mafia • credit card • savings account • cybercrime • hacking

Fed Could Take Credit Crunch Fix to the Bank

Interest rates may drop, but deposit rates could go with them

Sep 3, 07 4:00 PM CDT
(Newser) - If you have CDs or a savings account, you may be contributing, soon enough, to the solution to the credit market upheaval, the LA Times reports. Some investors expect the Federal Reserve to cut short-term interest rates next month, a move that could inspire banks to raise money elsewhere... More »

MORE ABOUT:
Federal Reserve • credit market • interest rate • federal fund rates • savings account • certificates of deposit

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