Are Brokered CDs too Good to be True? Look Closer
Monday, June 29th, 2009
RISMEDIA, June 30, 2009-(MCT)-William Katker thought he was playing it safe and smart when he parked some retirement money last year in a high-yield certificate of deposit he purchased through his stock brokerage. Katker's government-insured six-month CD had an annual percentage yield of nearly 4%, which easily beat the returns ...







