Would that be 260% a year?

 
Oh shucks! I got stopped out of Lucent at $2.30. That's a paltry 5% gain. Of course that happened in what? a week? may be a week and a half? The bank is paying 1.5% or so a year?

 
I am not a bank expert either, but I believe they borrow from the feds in proportion to their deposits, it's a formula thing. Now my question. If I now pay only 15% tax on my dividends, what should we expect the rate to be for tax 'exempt' munis? Anyone you know talking about tax exempts?

 
As I understand it, the dividend tax cut is retroactive to Jan 03. If this is true, shouldn't we be seeing the 30% pop pretty soon? I'm no expert on the banking business, but don't they get their money from the feds at a cut rate? They really don't even need depositors and treat them accordingly.