[ QUOTE ]
ING invests mostly in mortgage-backed securities and a little in mortgage loans.
ING has an operating expense ratio of only 0.12% while most traditional banks are between 2.50%-3.50%.
You can search through their call report for more info if it interests you.
http://www2.fdic.gov/Call_TFR_Rpts/tocca...+++++++++++++++
[/ QUOTE ]
theoretically, they could invest in anything they wanted though right? if they saw fit, they could pull all of that out tomorrow and put it in tomato futures?
As a side note, just found out PayPal has a Money Market account...4.13%, a tad over Emmigrant