A bank by any other name would smell as sweet

Unless you name the bank Shit, then I won’t stick around long enough to find out how it smells.

I recently was approached by a client who complained endlessly about CD rates being on the floor.  Poor guy ends up at a brokers office and gets sold an index-linked CD.  Fear makes you stupid.  Any product that promises all the up-sides with no down-sides is usually over-hyped.  You as the informed consumer, must do your research.

Everyone says read the fine print.  That’s a good start but, you’ll probably be frustrated by the time you get to the second bullet point.  You can Google it (add terms such as fraud ex.  index-linked CD fraud), talk to someone who has professional knowledge of the product, or talk to your trusted un-biased Banker.

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