These two articles about Lehman Minibonds “victims” came out in the Singapore papers today. I think it’s a good thing that journalists are picking up the story and helping to generate more awareness about the topic.
Today Paper: Investors Turn to the Web
Business Times: Move to help Lehman “Victims” Gather Pace (Accessible only after 6pm)
I understand that CNBC will also be doing a special clip about investors who have been “burnt” from buying such credit linked derivatives.
While the outcome (how much they will lose) for current Minibond holders is still very much unclear, at least the increased publicity from the press will help to educate more people about the dangers of such structured products and prevent something similar from happening again.