Any opinions on everbank and holding a cd in a denominated in a foreign currency.
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Re: everbank
Originally posted by babbittd View PostIIRC, there are some strong opinions posted on the "Weiss Research 1500 banks to fail" thread.
Also a post I made here linking to a blog post here which discussed that the currency exchange "friction" could eat up not only potential profits but also principle.
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Re: everbank
Plus they were pushing their Icelandic Krona CDs quite heavily before the crash. I don't think that those CDs have done very well.
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