The CEO of a small listed company asked me, "Why was NTUC Income not a listed company? "
I gave this reply, "When I was the CEO, I resisted the listing of NTUC Income. I wanted it to remain a cooperative, so that it can work for the interest of its policyholders".
He gave this insightful reply, "I agree with you. In fact, some of our businesses should be owned by the people, for example, trains, buses and utilities. Right now, these businesses are owned by the shareholders. If the company makes too much profit, 5,000 shareholders are happy, but 2 million people are unhappy".
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07/15 - 07/22
- Invest in a low cost fund
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- A cooperative has to answer to its members
- Underlying assets of structured products
- Consumer Protection on Mortgages - USA Experience
- Negative aspects of Singapore system
- The Day When Singapore Panicked
- Credit card for students?
- Singapore Dollar and the Carry Trade
- Sub-prime mortgages in America
- Good financial products
- Structured products in America
- Customer-friendly Call Center
- Give your full name
- Logic9 (Sudoku)
- An efficient public service
- Well rated Bonds
- Risk of credit default
- Cash back on a Term Policy
- What's bad about the Singapore system?
- Confusing Message
- Owned by the people
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- Did you invest in these structured products?
- Risks of investing in Structured Products
- Credit Default Swaps
- Pinnacle Notes - 2 views
- Pinnacle Notes - do you know the risks?
- Good experience with structured products
- Return from various types of investments
- A customer focused organisation
- CASE Website
- Use of ATM in other countries
- Surgical Schedule
- A simple medical insurance product
- What product is suitable for my age group?
- How can CPF be improved to give a better return?
- What's good about Singapore
- National Day - Sudoku (Logic9)
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