OAG
Thinks s/he gets paid by the post
Thank Nords -- I was too lazy to go hunt this thread this morning. Interesting on the 8K CD but guess we have to wait and see. When this thing started the PENFED rumor was 6.0% +/- for 3 months. The 6% part turned out to be true -- I wonder if the 3 month part will turn out to be true. Based on the numbering of CD's I purchased at the start of the 6.25% rate and yesterday it appears PENFED has sold in excess of 15,000 of these things in about 3 weeks. Wonder where all the cash is going.