Retiree sues UOB over high-risk investment losses

[Black Swan]

This is like a put option.

This is EXACTLY a put option. Buyer of ELN is selling a put option on the underlying. The so-called high interest is the option premium that you collect.

Just like buyers the minibonds are actually selling credit default swaps. Insuring against the failure of Lehman.

 

[alvin36]

this is just a WAYANG show put up by the banks, MAS and the relevant authorities lah... the purpose of the show is to frighten the MINI BONDs investers, indirectly hinting to them not to ask for too much. just get some compensation and FxxK OFF