Offering a 90-year old woman a 10-year structured product is obviously irresponsible, wrong and should be condemned by anyone involved in finance. But while everyone responds in the same way - offering a mixture of shock and outrage - there always appears to be someone willing to make this kind of sale. The latest example of a practice that has always been guaranteed to rile the regulator has taken place in Italy.
Source: Structured Products | 01 Jul 2008
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