The Standard, 29 Oct 2008, Alfred Liu
DBS Bank (Hong Kong) said yesterday that most structured products it sold linked to failed US investment bank Lehman Brothers are worthless, shattering the hopes of investors.
"I am so angry. The bank has been telling lies from the very beginning," said Shirley So, who bought US$130,000 (HK$1.01 million) of structured notes from DBS.
"Banking staff told me the products I bought were rated AAA, but they turned out to be not worth a penny."
Read More
