Citywire: Thousands of L&G investors exposed to Lehman Bros losses
Thousands of investors who put money into Legal & General structured products backed by Lehman Brothers stand to lose up to 20% of their investment.
Legal & General only contacted the 2,300 individuals last week who invested in its two structured plans hit by the Lehman Brothers' collapse, even though it went into liquidation three months ago. Other structured products providers such as Meteor, NDFA and Arc warned clients within weeks of Lehmans' failure that their investments were at risk as the bank had been counter party to the financial derivatives underpinning their plans.
|aus der Diskussion:||Lehman Brothers Chapter 11 -> Auswirkung(en) auf deren Zertifikate|
|Autor (Datum des Eintrages):||manyfulddick (15.12.08 19:35:12)|
|Beitrag:||2,049 von 2,327 (ID:36208761)|
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