More MoneyAisle in the News

April 8, 2009
By Kevin Cafferty

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The juggernaut of MoneyAisle press coverage continues (and I hear there may be another update later today), with pieces on our real-time reverse auctions (which provide consumers with great CD rates and High-Yield Savings accounts) with t.v. news pieces in Omaha, Nebraska and Philadelphia, PA. If you click on the links below you'll be taken to the station's Websites where you can watch the video segments.

From ABC Affiliate KETV in Omaha:

MoneyAisle.com does the work for consumers. The Web site works in real-time as member banks from around the nation bid for consumers' deposits.

"It's basically the reverse of eBay," said MoneyAisle president Mukesh Chatter. "Sellers are bidding for buyers, while eBay has buyers bidding for sellers."

CBS3 in Philadelphia offers this story:

Are you looking for a safe place to stash your cash in this troubled economy? Certificates of Deposits (CD's) are a safe bet, but how do you find which bank is offering the best rates? Your Money Team found a place where banks are actually bidding for your business.

3-On Your Side's Jim Donovan reports that if you don't have a stomach for the stock market, you may want to think about taking a stroll down the money aisle.

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