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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: E.J. Neitz Jr who wrote (49527)10/20/2003 3:47:25 PM
From: BWAC  Read Replies (1) of 53068
 
New Amex card offer today. 0% til Oct 2004. No upfront fees. Not a dime of upfront fees. No $50, No $35, No 3%.

BWAC National Bank, thats what I'm going to become. Borrow from the 'consumer' Fed Window at 0%, loan it back to the bank at 3% or to the Government at 4.66%. Collect the interest rate spread. Maybe I'll even incorporate that name and get a flood of new 0% offers for the corporation?!?

This is so insane. I've collected this crap mail for me and my businesses for the last month. I totaled it all up today, and I "think" if I mail them all out on the same day I can get about $350k worth of this 0% money for an average of 10 months. And turn about a $15,000 profit before the jig is up.
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