Protect to survive

Martin Wheatley

The collapse of Lehman Brothers in September 2008 caused losses for investors across the globe, but few expressed their anger as overtly as those in Hong Kong. For months, hundreds of disgruntled retail investors took to the streets to protest at losses racked up on Lehman minibonds – essentially, first-to-default credit default swap baskets issued in note form by the failed broker-dealer. The protests continue even now, despite the fact an agreement has been reached between regulators and the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: