Hong Kong banks yesterday accepted a government proposal to buy back Lehman Brothers’ mini-bonds from investors. Banks who had distributed Lehman products agreed to buy back the mini-bonds from investors at current market value (0:58).
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http://wayangparty.wordpress.com/2008/10/22/audio-podcast-hong-kong-banks-buy-back-lehman-minibonds/
Listen to the audio podcast
http://wayangparty.wordpress.com/2008/10/22/audio-podcast-hong-kong-banks-buy-back-lehman-minibonds/