Tuesday, July 21, 2009

A fair outcome

One-quarter of the investors who lost their money investing in the structured products got full compensation and two-thirds got partial compensation. This is better than what I had expected.

Everyone should take responsibility for his own action. We cannot just blame the financial institutions and say the investors themselves are faultless. During those boom time, high returns ranked higher in the investors’ mind than safety and risks. And who would have thought that they would lose all their money.

The investors, even the old and uneducated, should bear some responsibility too. Sorry, if I sounded a bit harsh but I believe this is the truth.


It would be unfair if you compensate everyone or compensate investors equally.

So I would say the case-by-case approach is the right way and the outcome is fair.