Lehman investors seek Democrats help
09-12-2008
Some 7,000 Lehman Brothers mini-bonds buyers have asked the Democrat Party to help them recover more than HK$30 billion in lost investments. Party chairman, Albert Ho, says they've managed so far to help 60 investors get back about HK$30 million. But those trying to recover money need to be patient, he says, as it'll take time. Mr Ho says investors should seek compensation through mediation and arbitration -- but those who can afford lawyers might quicken the process either by taking legal action, or by threatening to. He says banks seem to pay more notice when someone starts asking for documents.
