Ken Baumann has purchased a $5000 6-month CD* via Tao Bank* which is currently offering 6-month CDs at a 10% annual yield (compounded monthly) which is ~12x the current average yield offered by other banks. Email binky.tabby [at] gmail.com if you are interested in purchasing a CD. The minimum is $2000/6-months. The above contract is posted in this Tumblr post with approval by its signees for reasons—to varying degrees, and among others—of increased liability, increased “transparency,” passive promotion of alternate methods of patronizing “the arts,” and to allow anyone who might feel stimulated in whatever manner by it to look at it and possibly feel some kind of stimulation.
*Tao bank is not a “real” “bank” and does not offer “real” CDs, to a certain degree, from a certain perspective, however the contract above is “real”/binding/literal; statements made in this Tumblr post have not been approved by the FCC; and certain words/phrases have not been used literally.
Supporting the arts, making $$$. Thanks, Tao.