Date Range
Date Range
Date Range
Banks in Hong Kong sold Minibond and many similar nature products to retail clients in 2003-2008. Minibond was explained as credit-linked to 7 well-known Companies. What was never disclosed was fact that Minibond was also credit linked to another 100-190 reference entities.
HK Lehman Minibonds , Morgan Stanley Octave Notes, and related products misselling fraud of BOCHK, Shanghai Commercial Bank Ltd. Reports of bank frauds were hidden to public. HK Legco in their report put Joseph Yam of HKMA responsible for not supervising the banking system of HK , and disapprove Prof. Chan, John Tsang and Martin Wheatley for their handling of Lehman saga. Morgan Stanley, Goldman Sachs nearing U.
Banks in Hong Kong sold Minibond and many similar nature products to retail clients in 2003-2008. Minibond was explained as credit-linked to 7 well-known Companies. What was never disclosed was fact that Minibond was also credit linked to another 100-190 reference entities.
Monday, November 26, 2012. Wednesday, October 24, 2012. Wednesday, October 17, 2012. Thursday, September 27, 2012. Monday, September 24, 2012. Monday, September 17, 2012. Thursday, September 13, 2012.
Which way is up? April 3, 2010 in General. Starting from the large and making them small. Granted, I am a bit on the impatient side, but my offset is having many bonsai to tend to. This keeps me from fiddling too much with any one tree. The very fiddling that slows down growth.