Profession or Fraud?The Myth of the Financial Derivatives of Structure Notes

碩士 === 輔仁大學 === 社會學系碩士班 === 98 === In September 2009 the Lehman Brothers Bank filed for bankruptcy, and causing chaos in the U.S. banking system. In Taiwan, the collapse of Lehman Brothers triggered a series of effects; more than 50000 investors have lost their money by the purchase of Lehman Brothe...

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Bibliographic Details
Main Authors: Chieh-Shan Teng, 鄧婕珊
Other Authors: WU Chung-Shen
Format: Others
Language:zh-TW
Published: 2009
Online Access:http://ndltd.ncl.edu.tw/handle/82001118322671593865
Description
Summary:碩士 === 輔仁大學 === 社會學系碩士班 === 98 === In September 2009 the Lehman Brothers Bank filed for bankruptcy, and causing chaos in the U.S. banking system. In Taiwan, the collapse of Lehman Brothers triggered a series of effects; more than 50000 investors have lost their money by the purchase of Lehman Brothers Structured Note. On account of "Structured Note event" is very serious in Taiwan, the purpose of this thesis is to analyze that people who bought Structured Note as a starting point for the structure of Taiwan's financial investment, financial institution and the values of social investment. To research the interaction among banks, financial consultants and victims, in addition, to explore the understanding and interpretation of those who take part in the process of the event and the society relationship formed by victims in the event. Through analyzing the interaction between the financial institution and individuals, to gain deeper understanding of the formation of the structure and the system behind victims, and explain actions that individuals could take is limited by an invisible force in a situation made by financiers and economists. Individuals are involuntarily blinded to taking investment activities by their own willing. Such a structure is determined by the government and banks. In my study, I analyzed how a product created in a state of nothingness, and changed the real-world development through the actual interaction among financial consultants and investors. This is not only a simple model of self-fulfilling, but also the result of performativity of every actors’ interaction through the merchandise. Furthermore, this is a process of collective self-blinding.