Investors scuffle amid crisis tension

WalesOnline.co.uk, 31 Oct 2008

SEVERAL investors in financial products linked to Lehman Brothers have scuffled with security guards at a Hong Kong bank, as some 200 people protested in the Central financial district at the offices of different banks that sold the products.

No one was injured in the incident, but the scuffle highlights anger among the thousands of Hong Kong investors in Lehman-related products whose investments are now in doubt or worthless.

The outstanding amount of the products is 20.2 billion Hong Kong dollars (£1.6 billion), according to the Hong Kong Monetary Authority.

The investors got into a scuffle with security guards at a Hong Kong branch of Singapore bank DBS Group Holdings. No one was injured, an Associated Press photographer observed.

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