Monday, October 27, 2008

Biggest loss in the the structured products

I met a couple at Speakers' Corner on 25 October. They invested a total of $1,775,000 in Jubilee Notes 3, Minibonds 3, Pinnacles 3 and 6. The investments were made in their personal name and in their company's name during February to June 2007.

They asked me to look into their faces. Were they greedy people? Were they people willing to take risk?

I felt so sorry to learn about their devastating loss. I told them that I will try my best ot help them to recover some of their loss.