The Lehman Brother bankruptcy filing on September 15 will have repercussions in many sectors of the financial markets. However, there is one sector that is not getting much press and that is the mom and pop individual investor. According to an article in the September 16, 2008 Wall Street Journal, Lehman marketed and sold vehicles called exchange-traded notes or ETNs. See also CNN.com article entitled “Demise of Lehman Shows Risk of Exchange Traded Notes.
These products were sold... Read More