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Hong Lim Park Roundup
Update: Videos added Yesterday evening, more than 700 structured product ‘investors’ met up at Hong Lim Park for a gathering. I suppose that was the biggest turnout ever at Speaker’s Corner. Mr Tan Kin Lian and Mr Leong Sze Hian addressed the crowd for a while before breaking them up into their respective groups. […]
Lehman Minibond on CNBC
A short clip by CNBC on credit-linked securities like Lehman Minibond, Jubilee Notes and DBS High Notes. CNBC Minibond Video
Minibond Investors Meet With MAS
A group of Minibond investors met up with officials from MAS on Monday evening. Click on this link to read a summary of the discussion. Separately, our Finance Minister, Mr Tharman Shanmugaratnam, made a statement about Lehman Bonds (not minibonds!) over the weekend. There have to be improvements in marketing and selling and disclosure. There […]
Is There Hope for Minibond Victims?
Many people have expressed their dispair or loss of hope at the way things are moving here in Singapore in resolving the Lehman Minibond issue. Letters to financial institutions have been received with non-committal replies. SM Goh Chok Tong, chairman of MAS, also made a statement (while he was in China) which on the surface […]
How to File a Dispute for Structured Product Victims
This post is for those who have purchased structured products like Minibond, Jubilee, DBS High Notes, etc. If you feel you have been mispresented or given inadequate advise and would have to seek compensation against the financial institution that sold you the products, you might want to refer to the following as a guide. There have […]