Sunday, October 19, 2008

MCCAIN-OBAMA DEPOSITS

We only know till now that McCain and Obama are facing each other in US elections. But they are also facing each other in deciding the interest rate of your deposit. Let me make the point clear. With the economic slow down, banks allover the world are trying hard in gaining new deposits.

"Best Bank" in portugal recently announced a deposit plan. It used US elections as basis and according to the plan, we have to predict the person who is going to win this election in US. If the person we predicted wins, then the bank will pay you 8% interest on your deposit and will pay you only 2% interest if he don't. People are showing interest in this scheme as it is innovative and returns are dependent on our views.

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