The fact sheet, dated April 1986, says on page three: ``If the price paid for a CD purchased in the secondary market... is higher than the accreted value in the case of zero-coupon CDs, the difference... is not insured....  Computations involving zero-coupon CDs are more complicated and you should discuss any questions you may have with your financial consultant.''
part of what Dr. Blumenfeld paid was a premium
Dr. Blumenfeld says he doesn't remember the paragraph about premiums in the fact sheet he received and didn't realize part of what he paid was a premium.
The fact sheet, dated April 1986, says on page three: ``If the price paid for a CD purchased in the secondary market... is higher than the accreted value in the case of zero-coupon CDs, the difference... is not insured....  Computations involving zero-coupon CDs are more complicated and you should discuss any questions you may have with your financial consultant.''</s>Dr. Blumenfeld says he doesn't remember the paragraph about premiums in the fact sheet he received and didn't realize part of what he paid was a premium.</s>part of what Dr. Blumenfeld paid was a premium