Mr Lim Hng Kiang, Minister for Trade & Industry and Deputy Chairman of MAS (Chairman of IAP)
Dr Josef Ackermann, Chairman of the Group Executive Committee, Deutsche Bank AG
Mr Jacques Aigrain, Chief Executive Officer, Swiss Re
Mr Claude Bebear, Chairman of the Supervisory Board, The AXA Group
Mr Lloyd C. Blankfein, Chairman & Chief Executive Officer, Goldman Sachs, Inc
Mr Michael Diekmann, Chairman of the Board of Management, Allianz AG
Mr James L. Dimon, Chairman & Chief Executive Officer, J.P. Morgan Chase & Co.
Mr David Fisher, Chairman, Capital International
Mr Rijkman Groenink, former Chairman, ABN AMRO Bank N.V.
Mr Kenneth D. Lewis, Chairman, Chief Executive Officer & President, Bank of America Corporation
Mr John Mack, Chairman of the Board and Chief Executive Officer, Morgan Stanley Dean Witter & Co.
Mr Shigemitsu Miki, Senior Advisor, The Bank of Tokyo-Mitsubishi UFJ, Ltd
Mr Vikram Pandit, Chief Executive Officer, Citigroup Inc
Mr Michel Pebereau, Chairman, BNP Paribas
Mr Marcel Rohner, Chief Executive Officer, UBS AG
Mr Ratan Tata, Chairman, Tata Son Ltd
Mr John A. Thain, Chairman, Chief Executive Officer, Merrill Lynch & Co., Inc
Dr Junichi Ujiie, Chairman, Nomura Holdings, Inc
Mr John Varley, Group Chief Executive, Barclays PLC
Almost 50% advisor are from those RE listed in minibond series?!?..
ReplyDeletesubprime panel?
ReplyDeleteNo wonder!!! Now, I know why MAS kept mum and slow in action.
ReplyDeleteIf this is the reason why MAS is not doing anything then, all MAS employees especially the leadership should be ashamed of the organsation they work for and themselves. No more can they take the high moral ground on any other issues. They should shred their corporate social responsibilites statements, if they have one to begin with. Compared to HKMA, they are no where.
ReplyDeleteWhy are these people posted here?Are they going to help me get my$$back?
ReplyDeleteSo many bankers appointed on the MAS Panel, unbelievable !! How can the thieves themselves be elected into the police force in this case ??? So we are asking the thieves to audit themselves and what kind of truth can we expect? Now we know why MAS is keeping soooooo very quiet despite the many pleas from the citizens. What a pathetic situation Singapore is getting into. Where is true justice ???
ReplyDeleteMaybe we should see who is who in Hong Kong and recommend to MAS for change. I thought our regulatory authority should be independant and no conflict of interest? I am not surprised FIDREC will comprise of people with interest and not independant. Maybe MAS staff are just 'puppets' under the advise of these corporate 'giants'.
ReplyDeleteAs they say, this explains why MAS is very silent. Their own people made mistake, how to admit?
Yes, having these international advisers is the same as having a fox guarding the chichen coop.
ReplyDeleteThe whole thing is truly hillarious. What is more hillarious is to tell the investors to complain to the FI that sold them the products. If that is the right thing to do, then the police should tell a person that has been stabbed to complain to the criminal that stabbed him.
12.01 pm,
ReplyDeleteAgree with you whole-heartedly. One of the best analogies I have come across - Police telling a person that has been stabbed to complain to the criminal that stabbed him. The best part is the police then ask the criminal to appoint & pay a person themselves to ensure that the criminal handles the victim's complain honestly while the police take immediate actions to insure the criminal's operations so that they continue to peform their deeds. It is a real comedy.
maybe someone can list out who sits in FIDREC...I will not be surprised it will comprise of the 'fox'. anyone has assess to who's who?
ReplyDelete