[RJB1180]

I did mean just another one @ 5.25%.

Being that I live in the heart of Amboy country and see all of the problems up front. I mentioned in another thread about there 2 biggest defaulters, both of which will take years to clear up if ever. I also see/work with some of their other borrowers who will tell you they are in trouble. NJ's bubble has popped and we are still feeling the shockwave.

I am personnally leary about amboy and most local/small regional bank who ahve tremendious amount of commerical RE loans/ ARM loans coming due. I know based on the house prices around us that we are looking at probablly 25% default.

Sorry OT,

Plus my wife would just f****** kill me if we had to use the FDIC insurance. There would go my turn at managing our $$