We read many inside stories about confidential decisions taken by large corporations which were leaked to the media. These information were leaked out by their employees who were covered by confidentiality agreements. The employees talked to the journalists and asked for their names to be not published.
Many investors in Singapore are required to sign confidentiality agreement by the financial institution and by FIDREC. They dare not even discuss the matter with people that they need to seek advice. I find that these investors are rather naive about their legal rights and how to respond to such legal matters.
Compare their behavior with the American employees who are willing to give information to the media that were supposed to be covered by confidentiality agreements, on the understanding that their names will not be quoted and that the information cannot be traced to the source.
Uniquely spore.
ReplyDeleteWhat to do.
Kiasu, kiasi, navie, easily conned and always thinking that we are very smart and advanced, when in reality we are very naived and not much better off than many other countries although our per capita income is higher than them.
ReplyDeleteThat is why consumers are easily conned by insurance agents.These agents are trained to know the weaknesses of their customers.
ReplyDeleteKin Lian,
ReplyDeleteRecently NTUC Income rejected my claim and after several "begging" they gave in and paid my claim as "ex-gratia" but they insisted that I signed a NDA (Non-Disclosure Agreement).
I told them to FUCK OFF!!!
Simply because we have a culture more in favour of big names while the debate on real issues through wider public platform tends to be mechanically dry devoid of any emotions, hence downplaying the seriousness of any issue.
ReplyDeleteWe are too concerned on the ramifications consequential to the heat of any emotion that could possibly be generated.