Ontelly

Face the Facts - Losing out to Lehman's

Logo for Face the Facts - Losing out to Lehman's

John Waite presents the investigative consumer series. When the Wall Street bank Lehman Brothers collapsed in September 2008, thousands of UK investors were shocked to learn that the financial products they had bought from other companies were tied up with the humbled financial giant. As John Waite discovers, many of those who now stand to lose their life savings had never been told their investments were backed by Lehman Brothers. Now they want their money back, claiming they had no idea that their capital could be at risk.