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發表於 08-9-22 17:43 |只看該作者 |倒序瀏覽 |打印

Dear fellow investors,
I hope whoever ELN/minibond investors could come together and to see what we could do collectively.. I have tried to call so many organization (lehmon brothers hk, citibank ( my agent bank), hkma, democratic department, bank complaint hotline... to see if some one out there could provide me some ideas how I could approach this. No one , just no one could offer any help except for asking me to wait.. but wait for what??? ... c'mon.. I think most people that looped into this event are actually risk adverser.. decent people that just trying to park their funds into something that are with more reasonable return than the miserable less than 1% HKD FD... Given the crazy inflation over the last one year, any one that have some basic idea on real purchasing power would definitely trying to do something with their money... is that greedy? I don't think so.. caveat emptor?? well.. that is when you are not being misrepresented significantly.. take me for one.. I bought HKD half a million Lehmon brother ELN( sorri.. that is the minimum ticket fee, sales man said).. throughout the sales pitch.. emphasizing was on the three China enterprises that the paper links to.. their shares performances.. I was being upfront on worst scenerio.. and i was told that my worst was to hold shares at very expensive price.. but never once that lehmon's role as an issuer or a guarantor was mentioned as a potential risk.. Granted that was subsequently buried somewhere in a stack of 25 pages 'final' terms and conditions...and by then it is too late since it was 3 weeks after I committed and paid up... but it was not being mentioned upfront.. strangely enough, the final terms and conditions did sounded out as if I should read it before purchase.. but everything is just too late..

I am sure there are so many others like me out there.. could we have a count of head.. may be we could write a petitions to our respective agent banks and a collective one to consumer council, newspaper.. hkma.. it is always easy to igore one.. but when the story hit headline... banks would start to think about their brand names and try to do something, just like HSBC... i was so totally disappointed with Citibank... so much for being a long time citigold customers... they don't even call to advise the bad situation.. but apparently they themselves have stopped selling any lehmon brothers product for a while...just totally irresponsible...

[ 本文章最後由 bleuciel09 於 08-9-22 17:45 編輯 ]

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波子

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發表於 08-9-22 21:42 |只看該作者

My husband has the same situation with you.

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3^#

發表於 08-9-22 22:36 |只看該作者

We should all lodge a complaint against all these irresponsible bank to hkma. Not sure how effective it could be.. but these agent banks are just too much..

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4^#

發表於 08-9-23 00:10 |只看該作者

http://www.dphk.org/

download and fill in the form, email back to the Democratic Party. Please support their next meeting or rally by checking their updates in this website.

They held one meeting tonght and nearly 1000 people showed up, both bond and ELN holders from HK and Macau, China, Taiwan...

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5^#

發表於 08-9-23 00:17 |只看該作者

Jasmine-4711,

Thx 4 sharing. I will do that. What did they discuss in the meeting? What could we do next other than put in the complaint?

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6^#

發表於 08-9-23 00:39 |只看該作者

Democratic Party will group together the complaints to send to HKMA/SFC. HKMA will call u, just tell them the details of the misrepresentation, if any.

Check the party's website for their next meeting or mass rally. This will be a long battle lasting years, they say. They also ask for volunteers to help.

If we complain individually, no one will listen to us. Some govt officials even mock us as ignorant selfish illiterates.

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7^#

發表於 08-9-23 00:45 |只看該作者

I see. This is surely depressing!!!

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波子

珍珠宮

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發表於 08-9-23 08:52 |只看該作者

原文章由 Jasmine-4711 於 08-9-23 00:10 發表
http://www.dphk.org/

download and fill in the form, email back to the Democratic Party. Please support their next meeting or rally by checking their updates in this website.

They held one meeting to ...

Thanks for your information.

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9^#

發表於 08-9-23 19:01 |只看該作者

check this website daily:

http://www.dphk.org/

25/9 (四) 10:45AM 安排苦主與消委會代表會面及投訴

地址：北角渣華道191號嘉華國際中心地下 (從北角地鐵A1出口向魚則魚涌方向步行)

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10^#

發表於 08-9-24 08:00 |只看該作者

原文章由 Jasmine-4711 於 08-9-23 19:01 發表
check this website daily:

http://www.dphk.org/

25/9 (四) 10:45AM 安排苦主與消委會代表會面及投訴

地址：北角渣華道191號嘉華國際中心地下 (從北角地鐵A1出口向魚則魚涌方向步行) ...

I am currently not in HK, otherwise, I would like to come to.. at the moment, besides this, not sure what else we could do..

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11^#

發表於 08-9-24 09:50 |只看該作者

Jasmine-4711:

Do you mean that the Democratic Party want as many of us as possible to go, or there are already some representatives who have volunteered to meet with Consumer Council?

原文章由 Jasmine-4711 於 08-9-23 19:01 發表
check this website daily:

http://www.dphk.org/

25/9 (四) 10:45AM 安排苦主與消委會代表會面及投訴

地址：北角渣華道191號嘉華國際中心地下 (從北角地鐵A1出口向魚則魚涌方向步行) ...

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