Business Week: How Lehman Collapse Cost German Seniors
They arrive like a flock of birds, a few minutes ahead of schedule. They laugh and hug each other, presumably pleased not to have to deal with their anger alone anymore. They wear stocking caps to ward off cold and carry signs to protest the indifference of society. The signs include slogans like "Phony Advice—Total Loss" or "No More Money—No More Confidence." They've come together to hold a vigil in downtown Frankfurt, and for many it's the first time they have ever demonstrated.
Housewives, retirees, teachers and plumbers have gathered on this cold February afternoon in the city's Bornheim neighborhood. They include small investors, ordinary savers, women who watch the popular "Tagesschau" TV news program. They are not speculators. They wanted their money managed conservatively. They didn't want to have to worry about their savings. They just wanted to watch their assets grow.
|aus der Diskussion:||Lehman Brothers Chapter 11 -> Auswirkung(en) auf deren Zertifikate|
|Autor (Datum des Eintrages):||manyfulddick (16.03.09 18:11:01)|
|Beitrag:||2,118 von 2,327 (ID:36776755)|
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