Sunday, May 23, 2010

Fair Game - Principal-Protected Notes Aren’t as Safe as They Sound - NYTimes.com

Fair Game - Principal-Protected Notes Aren’t as Safe as They Sound - NYTimes.com: "Yet, these securities appear to have been sold to conservative individuals whose financial market forays were usually limited to certificates of deposit. Many of these investors, to their great misfortune, bought principal-protected notes issued by Lehman Brothers. They are now worth pennies on the dollar."

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