In The New Paper article published on Monday 15 December 2008, Dr Money talked about some myths that banks want to perpetuate (page 32):
MYTH No.1
Banks and brokers are repaying investors for the money they lost
MYTH No.2
Both issuing banks and distributors are to blame for losses
MYTH No.3
Based on the high returns, people should have known they were getting into a high-risk investment
MYTH No.4
Issuing bank don’t gain from investors’ losses
MYTH No.5
Sellers are returning investors’ money
Want to know the real stories behind the myths? Go here:
5 Myths Banks Want You to Believe
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Wednesday, December 17, 2008
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