Many investors and non-investors alike, including me, have been baffled by the complexity of the Lehman-linked structured notes. I will attempt to shed some light on the inner workings based on what I managed to figure out. Most of the information found here are from the Lehman Minibond Base Prospectus and Minibond Series 2 Pricing Statement. The following [...]

Yesterday, I was at the Speaker’s Corner at Hong Lim Park for the protest against having been mislead into buying of structured products like Minibond, High Note, Pinnacle Note and Jubilee Note.  An estimated 700 people was there. I had not bought any of such products but was there to understand the kind [...]