One West Bank is the new name for Indymac Federal Bank, which was recently sold to a consortium of investors. The consortium is headed by Steven Mnuchin of Dune Capital Management in New York and includes J. Christopher Flowers, George Soros and John Paulson.
Comments
bob7bowen@sbcglobal.net, April 17, 2011
Is it possible to layer funds from an expiring jumbo CD? I am currently considering dividing the proceeds into 20
Is it possible to put the proceeds from a expiring jumbo cd into 5 equal portions with each having a different renewal date (1year-2year-etc)?
I have never tried to layer CDs but I am trying to minimize the effect of these terrible interest rates.
Thank you