Monday, March 28, 2011

HK investors reject settlement offer

Hong Kong Lehman investors reject settlement offer - Yahoo! News
http://news.yahoo.com/s/afp/20110328/bs_afp/financebankinghongkongminibondslehman_20110328095617

3 comments:

Falcon said...

There is a lesson to be learned here. Same situation, same banks, same methodology of sales, different country, different investors.
Why is it that HK investors are offered over 95 percent of their investments while Singaporean investors are not?
If Singaporean investors are offered the same offer, will they accept?
My take is that Singaporean investors will even accept 50 percent offer happily.
But HK investors are rejecting the over 95 percent offer.
Is this the reason for their being treated differently?
I have worked in HK before and often I hear HongKongers saying that if one does not pursue and expect, one will forever be waiting at the sideline. This probably explains their proactiveness and perseverance as well as their success rate.

Unknown said...

Same toxic structured products sold in both S'pore & HK but different compensation outcomes. Why is HK authority ,who is just as pro-business as S'pore, yet able to do more for its aggreived people?

yujuan said...

Simple as ABC. The HK Authority works for the people, our own Authority works for itself and its own interests. Just think of the 8 months bonus payable for each of its own.

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