Sunday, June 05, 2011

HK and mini-bonds

SFC’s strategy in resolving Lehman Brothers-related matters bears fruit
http://www.sfc.hk/sfcPressRelease/EN/sfcOpenDocServlet?docno=11PR61

3 comments:

  1. dear mr tan,

    we definitely need someone like you to help fight for justice in singapore.

    justice / equity is concerned with substance and not form.
    the present ruling government may present a nice picture to the media and international community about their work and accomplishments, but is there real substance in getting all those titles and awards?

    does the government know singapore ranks one of the highest in world in terms of mistrust amongst people in its society?

    that is why we get so much backstabbing in singapore workplaces especially the civil service instead of doing real work

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  2. Manipulation?
    Daily the insurance salesmen are manipulating their customers.
    1.manipulating their emotion to con them into buying expensive and high commission products
    2.manipulate their customers into ticking product advice option so that they can peddle useless high commission products to them.
    3.manipulate their customers into thinking they are low risk and expensive products are suitable for them
    4.manipulate their customers into thinking that those useless products are saving plans
    5. manipulate their customers to think they are financial experts.
    Insurance salesmen are always manipulating their customers because they are taught to manipulate their emotion...greed and fear..their ignorance and their plight and yet the regulator doesn't seem to care consumers are sold wrong and unsuitable products that don't meet their needs but the insurance agents' pockets and the company they represent. The company and the agents work hand in glove to freely fleece their comatose customers without protection.

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  3. Spavic is absolutely right, people in Singapore has the highest degree of mistrust among themselves. Notably,
    never trust the PAP Govt, its motives are highly questionable.
    See, after the GE, up goes the CPF minimum sum immediately, and PM Lee starts to talk about exploring nuclear power. Why these two topics were not brought up before GE? And for God's sake, where to put the nuclear stations on tiny Singapore. The tone never change,
    there are floating casinos offshore, so building casinos onshore is no different. If we don't build nuclear power, our neighbouring countries would be building them. See, no change at all in their arguments.

    ReplyDelete