Arc Toppled by Lehman Fallout

Daily MailOctober 27, 2009

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Summary


ANOTHER structured investment product provider has collapsed following the City watchdog's review into the marketing and distribution of products backed by Lehman Brothers.

Arc Capital & Income was placed into administration after the Financial Services Authority asked it to assess its financial position relative to potential claims by the 250 investors who had put money in Lehman-backed structured products.

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Extract


Arc Toppled by Lehman Fallout

These investors can ...

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