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He might be cooler....but.....at least with a bank his money is insured by the FDIC. With CD annuity's, his money isn't. And he doesn't believe in the banking system?
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Published - Jan 14 2009 05:43PM EST | AP
Federal authorities have charged an Indiana money manager with faking a distress call from the air and intentionally wrecking his plane. U.S. Marshals spokesman Scott Wilson said the charges were filed against 38-year-old Marcus Schrenker Wednesday afternoon.
He says Schrenker is expected to appear in a Florida court later this week.
Would you rather have your money guaranteed by the general accounts of an insurance company; or the banks ability to "loan" your money to make a profit? Consider this before typing your rebuttal.......