People power wins out in Hong Kong Minibond payouts

Distributors were forced to make good the losses for 96% of Hong Kong investors hit by the Lehman Brothers collapse; BAML report predicts difficult times as an 'era of normalisation' approaches; 2013 could be best year on record for European equity funds

Hong Kong

As regulators around the world figure out the best way to approach and apply rules to the sales and marketing of structured products, spare a thought for those poor unfortunates in Hong Kong - retail investors who lost money after buying Minibonds from Lehman Brothers before the US investment bank went bankrupt.

While they suffered the kind of trauma that affects all investors who lose money (don't forget, all investors think they and their decisions are above average and that they verge on the

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