SOLUTION FOR BOND HOLDERS?
I have just written to Prudential who provided my bond suggesting that if they accept the SOA the honourable thing for them to do would be to take over my bond and accept the return from KSF IOM (70,80,90%?) themselves. This would be an opportunity for the life companies to come out of this mess smelling of roses and would possibly save their off-shore bond industry. The potential cost risks between them is small fry for such large institutions. Maybe if all bond holders wrote to their life companies this idea may get some notice? They are obviously acting together as they use the same advocate in court.
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