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  1. L

    DBS tok cok again

    If DBS is truly repentant, it should at the very least review ALL the High Notes series it sold over the past few years and offer to buy them back from vulnerable or mis-sold investors. I am sure if there was mis-selling in HN5, then there will be mis-selling in all other HN series. Deep...
  2. L

    Flawed Financial Products

    Thanks for the insight.
  3. L

    Flawed Financial Products

    My apologies, its a typo. I am neither a language expert nor a lawyer. All I am providing is a basis for all the investors to contest their cases in the court of law if a satisfactory solution cannot be established with DBS. In my opinion, using "it would" in the sentence will not diminish...
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    Flawed Financial Products

    Credit events do not strictly mean bankruptcy and I believe there are many events listed in the product prospectus that will qualify as credit events apart from bankruptcy. The letter from DBS is flawed because it gives the view that it will take several (ie. more than one) reference...
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    HK govt give money to investors to sue banks, protest turn violent at DBS

    In a letter dated 31 March 2008 sent by DBS regarding DBS High Notes, it was stated “.... it would take several underlying reference entities in the collateral to suffer Credit Events before investors suffer a loss to their principal amount." In actual fact, it only requires one underlying...
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    Outcome of DBS dialogue with highnote5 investors today

    In a letter dated 31 March 2008 sent by DBS regarding DBS High Notes, it was stated “.... it would take several underlying reference entities in the collateral to suffer Credit Events before investors suffer a loss to their principal amount." In actual fact, it only requires one underlying...
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    exaclty how much town council lost in the lehman debacle

    In a letter dated 31 March 2008 sent by DBS regarding DBS High Notes, it was stated “.... it would take several underlying reference entities in the collateral to suffer Credit Events before investors suffer a loss to their principal amount." In actual fact, it only requires one underlying...
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    Flawed Financial Products

    In a letter dated 31 March 2008 sent by DBS regarding DBS High Notes, it was stated “.... it would take several underlying reference entities in the collateral to suffer Credit Events before investors suffer a loss to their principal amount." In actual fact, it only requires one underlying...
  9. L

    Hong Kong's Consumer Council helping poor and elderly to sue banks over minibonds

    In a letter dated 31 March 2008 sent by DBS regarding DBS High Notes, it was stated “.... it would take several underlying reference entities in the collateral to suffer Credit Events before investors suffer a loss to their principal amount." In actual fact, it only requires one underlying...
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