CD Rates in the News: President's Day Edition

Here are some of the latest news stories involving CD Rates.

From Business Week:

Ex-Employees at Heart of Stanford Financial Probe

One settled a whistle-blower suit and dozens have talked to regulators as part of the investigation into Stanford Financial's high-yielding CDs

From Boston.com:

FDIC Insurance for New 1-year CDs

One year certificate of deposits (CDs) are very popular investments, but if you are considering the purchase of a very large (greater than $100,000) one year CD, you need to be aware that the new $250,000 FDIC insurance limit on non-IRA accounts is due to expire on 12/31/09. So, if you open a one year CD now, that CD will not mature until February 2010 -- two months after the higher limits are set to expire.

From TheStreet.com:

Setting the Strongest CD Laddering Strategy

There are plenty of reasons to set up a CD ladder -- a series of certificates of deposit with different terms set to mature at regular intervals. It can provide a guaranteed income stream, along with the security of FDIC insurance, so there's no risk of losing your money. A downside of CDs, however, is that you can't touch your cash until the CD matures. A CD ladder gets around this by providing access to a portion of your money at set intervals.