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...