On Dec 20, 2011, at 1:44 PM, Jordan Hayes wrote:
>> They'll put the influx into Ginnie and Fannie.
>
> And that's bad exactly how?
Not from my point of view. But all these people who think that by putting their money in a CU they're keeping it local, they ain't.
The inflow of cash into CUs in the third quarter was minor. We'll see what happened in the fourth quarter, when the move your money thing got going, when the flow of funds accounts come out in March.