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Are My CDs safe
Old 11-07-2007, 10:55 PM   #1
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Join Date: Jul 2005
Location: Minnehaha
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Used to not worry at all about my CDs that I have bought through my brokers, some are issued thru IndyMac and Washington Mutual and their ilk. I have not exceeded the $100,000 FDIC for anyone issuer. I'm wondering if this credit squeeze and all the writeoffs being announce can in any measure impact the CDs...if it becomes a huge enough problem will the institutions renege on their obligations will the FDIC be able to deal effectively with the fallout...any thoughts....
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