minibondvictim blogspot.com

Minibond? Megabomb? Fraud?

The product was new and complex but the deception and conflicts are old and simple,

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Minibonds Octave Constellation

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.

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Minibond? Megabomb? Fraud?

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The product was new and complex but the deception and conflicts are old and simple,

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This web page minibondvictim.blogspot.com states the following, "8220;The product was new and complex but the deception and conflicts are old and simple, SEC Enforcement Director Robert Khuzami." We saw that the webpage said " Banks in Hong Kong sold Minibond and many similar nature products to retail clients in 2003-2008." It also said " 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. 該行在不承認任何責任下提出上述兩項回購及賠償建議涉及金額約960萬元 The Securities and Futures Commission SFC h."

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