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Morgan Stanley’s creation: structured products, Pinnacle Notes continued to collapse outside media coverage, with the latest Series 2 failure just announced and investors lost all their capital.
So many misled Singaporeans have been ruined financially & can only swallow their bitter tears to take their revenge when the time comes.
Among the credit linked notes only series 5 is still alive, but the notes are entendable until 2014 I think.
ReplyThis is really a legalized scam. How many series are still in action?
1, 2, 3, 6, 7, 9, 10 are all out.