Early day motion tabled by primary sponsor Lord Vaizey of Didcot (Conservative), on Wednesday, 6 May 2009, in the House of Commons. It is signed by 67 members in total.
LEHMAN-BACKED STRUCTURED PRODUCTS
That this House notes that more than 6,000 people invested more than ??200 million of their savings in structured products backed by Lehman Brothers; further notes that such products were marketed as 100 per cent. secure by the companies that sold them, such as NDFA; is dismayed that, following the collapse of Lehman Brothers, investors appear to have lost their savings; and urges the Financial Services Authority to conduct a rapid and detailed investigation into the marketing of these products.
Secondary information
- Type
- Early day motion
- Reference
- 1432
- Session
- 2008-09
- Other sponsors
- Bob Spink
- Adam Price
- John Butterfill
- Tony Baldry
- Richard Taylor
- Subjects
- Financial services
- Link
- View this Early day motion on www.parliament.uk
Librarians' tools
- Timestamp
- 2022-10-21 21:40:20 +0100
- URI
- http://data.parliament.uk/edms/38596
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/edms/38596
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/edms/38596