JPM/WAMU 12 or 13 month CD 5.00%

I wonder if you'd actually ever get an interest payment at that rate or if you'd get an offer to redo it for ~2.5% a month from now. And JPM would enjoy the float for a month.
 
I'm pretty confident that when the FDIC takes over a bank there isn't a mad rush to update the bank's website.

They went to the trouble of putting J P Morgan's name on the site. Sure makes it look official.
 
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