Corey Gouker's Machine Inside the Mind

So this is one I don't think I'll ever understand. I've got a WaMu Online Savings account, and somehow they're providing 3.93% interest / 4% APY. How is this possible when they basically went under and got bought out. 4% is one of the best rates around. Meanwhile looking at my 401K is rather depressing, since January 28th, it's -23.4%. I know it's stupid to look at it short term but it's just lame to think I would've been better off putting my money in a failed bank than putting it into a well diversified 401K (not counting the tax stuff of course). Either way, I don't think I'll ever get over the way credit and savings works. Seems like a complete sham when we can be charged 10% or more in interest yet we're lucky to even be getting 4% on the money the banks hold for us. Sure banks are a bit more reliable at paying up but still. I think maybe I should just invest in salt for the forthcoming apocalypse.