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View Full Version : Derivative CDs Backed by FDIC Tempt Savers as Banks Reap 8% Fees - Bloomberg



NewsWhore
02-15-2012, 03:30 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHcGWeuCMhlFpMW_-bgul8r9oV_YA&url=http://www.bloomberg.com/news/2012-02-15/derivative-based-cds-tempting-savers-as-fdic-backed-banks-garner-8-fees.html)


Derivative CDs Backed by FDIC Tempt Savers as Banks Reap 8% Fees (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHcGWeuCMhlFpMW_-bgul8r9oV_YA&url=http://www.bloomberg.com/news/2012-02-15/derivative-based-cds-tempting-savers-as-fdic-backed-banks-garner-8-fees.html)
Bloomberg
State Investigations The SEC and the Office of the Comptroller of the Currency agreed they were deposits, allowing banks to forgo registering them with the securities regulator. In addition to Finra, as many as 10 states are investigating how some of ...

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