Sunday, December 12, 2010

Investor sue DBS over Lehman bonds

Read this article:
http://www.bloomberg.com/news/2010-12-09/dbs-accused-of-misrepresenting-lehman-related-product-in-singapore-lawsuit.html

2 comments:

veronika said...

#1
Never use credit card for overseas payment where possible.
Always use cash or travellers cheques

#2
Always check reciepts, even in Singapore.

#3
Dedicate 1 credit card for Domestic and another for overseas use only.

I find it difficult to understand why people use credit cards to pay for sundry items. Just to get reward points? It is annoying to be standing behind a customer who uses credit card to pay for 1 bottle of wine or 5 oranges.

I will leave the queue.. because inevitably there will be further inetractions with the cashier, the machine takes a long time to process, there is some issue with the card, the printer ran out of paper.

If the customer does not have enough hard cash to make a small purchase of below $50.. . to me, it is a symptom to be weary of that person... disorganised or debt ridden or both.

Lye Khuen Way said...

Ref : DBS being sued by Australian in Singapore High Court:-
It is about time...
Wonder when ST is going to mention this development.

Would not be surprised, if all other principal "actors" are no longer employed by DBS by now !

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