8 Minutes Download MP3 (right click, Save Target As) 

Traditional cash management options, such as auction/adjustable rate preferreds, CMOs, commercial paper, money market funds, and Agencies, are not FDIC-insured and may carry undesirable risks.

Recently, the US Securities and Exchange Commission charged Robert Allen Stanford and three of his companies for orchestrating a fraudulent, multi-billion dollar investment scheme centering on an $8 billion CD program.

In that case, Antiguan-based Stanford International Bank issued promissory notes not CDs. CDs are issued by a US bank and are insured by the U.S. government.

Clearly, designing a cash management strategy that includes the full faith and credit of the Unites States is critical.

So, how can you obtain multi million dollar FDIC insurance with the ease of working through one trusted relationship?

We interview Steve Kinner to gain Promontory Interfinancial Network's perspective on Cash Management.