Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

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Message: Re: NYT article on auction rates

Apr 12, 2008 03:04PM

This is a must read.....By mid 2007 corporate investors droped out of these securitys by 50& as mom and pop were then told this was a safe haven......WOW, they were paying over a point higher than cd's....Fraud.....

Just like in my car auction the ARS auction gets paid wheather you sell or not...... Every week that you do not receive a bid the auction still gets their cut just for running the auction....In the car business you can pull your car out of an auction and go to plan B...

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