My Decade-Long Journey To Five Million

What does Lehman Brothers‘ bankruptcy have to do with wiping a huge part of Hong Kong and Singapore retirees’ life savings? Some of them may have never heard of this Lehman Brothers thing in their entire lives. For all they know, they just got sold these “safe” products that give slightly higher returns of 5% [...]

October 6th, 2008 | Tags: Business, derivatives, financial crisis | Category: Business | Comments (5)