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Thank you all for your thoughts.

My thoughts were these CD's seem to be in their inventory, making it difficult to see the real commission on them.

They also were pushing ALZ, a 6% preferred, but I can never find the usual information on it. When I tried to buy from Fidelity, the bid/ask spread was crazy so I felt Smith Barney had this in house also.

When I first saw the Argentina CD, I flashed to the Stanford Ponzi scheme, but am probably only paranoid for my FIL. I just hate to see old folk taken advantage of.

Thanks again for the feedback.

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