Sunday, October 19, 2008

Global warming funds draw fire from investors « An Honest Climate Debate
A group of investors may soon file a complaint against two Tokyo investment partnerships that attracted around ¥600 million via government-issued credit transfer certificates for failing to pay dividends and reimburse investors, sources familiar with the matter said Saturday.

The partnerships, represented by several men in Tokyo, secured investments from around 250 people nationwide in connection with the leasing of power-saving equipment, the sources said.

But many of the investors in the two investment partnerships, called No. 1 and No. 2 global warming measures investment partnerships, are elderly people, the sources said.

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