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Tuesday, July 10, 2007

Give good value to customers

I have decided to remove the name of the bank that issued or marketed a specific structured product that has proved to be unsatisfactory for their customers. I do not give any negative connotation to the reputation of the banks. (So far, they have not taken up any issue with me on this matter.)

I wish to highlight the bad experience, so that the public can be educated about the unsatisfactory features of most structured products. I want to educate them to invest in straight forward financial products.

I hope that the financial institutions (ie banks and insurance companies) will also learn from the experience and offer good value products to their customers.

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