My column this week http://www.suntimes.com/business/savage/943998,CST-FIN-terry12.savagearticle
talks about the products offered inside banks that are not FDIC insured.
The term "money in the bank" now seems to refer to a wide range of products being sold to people looking for higher yields -- ranging from annuities, to unit investment trusts, to other securities -- none of which are FDIC insured against loss.
Yet because they are sold INSIDE a BANK and by "personal bankers" -- many people don't recognize the risks in these products.
I've heard from both sides! Check out these comments and add yours!
Terry Savage writes a syndicated personal finance column for the 
