BNP Paribas hits back at Wall Street Journal coverage


Serge Troyanovsky, director of equities and derivatives at BNP Paribas in New York, has hit back at the coverage structured products received in the December 9, 2006 edition of the Wall Street Journal, the Structured Products Association (SPA) reports. The piece, Principal-protected notes cap upside, carry big charges, suggested that structured products represent a bad deal for investors.

Quoting Janet Tavakoli, president of Chicago-based consultancy Tavakoli Structured Finance, the article

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