Giving up is not always the right option, especially for investors chasing money they invested in structured products issued by Lehman Brothers. The news that a surprising proportion of Asian investors who bought the products will get much of their money back is very welcome, with public pressure and subsequently government influence ensuring that the distributors of these bonds will provide more compensation to more people than had been expected. There was also better news last month from Europe, particularly Switzerland.
Source: Structured Products | 01 Feb 2009
Categories: Structured Products
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