Comments on: Minibond saga – six months later

By: Come, put your stake down : The Online Citizen - a community of singaporeans

Come, put your stake down : The Online Citizen - a community of singaporeans — Tue, 21 Apr 2009 13:24:40 +0000

[...] video: Minibond saga – six months later Email this article to a Friend Bookmark this sociallist_url = location.href; [...]

By: sigh!

sigh! — Tue, 21 Apr 2009 05:04:27 +0000

Justice must be seen to be done. I am still waiting for
the authorities to tell us the result of their investigations.

By: smallvice

smallvice — Mon, 20 Apr 2009 14:37:49 +0000

Hi W,

Mis-selling occured under both their watch. When Richard took over the previous CEO and still failed to detect mis-selling and prevent it from getting worse, it is still his failure. If the the previous CEO failed to detect mis-selling, the one taking over also would not know unless he goes through a detailed department review. Did Richard do it or not? No. Mis-selling occured under his watch.

By: W

Mon, 20 Apr 2009 14:33:05 +0000

I most certainly do not think the misselling occurs under his watch but of the ex-CEO.

By: My deepest condolence

My deepest condolence — Mon, 20 Apr 2009 05:58:27 +0000

Rest well , my dear revered ex-leadership from DBS.
life is so unfair isn’t it?

By: liesbuster

liesbuster — Sun, 19 Apr 2009 15:15:32 +0000

smallvice_585,

What you said is so true.

Why should one reap the benefits / take credit for others’ good work and not take responsibility when things cock up? If the top management takes the reward of others’ hard work, they should also be accountable for the mistakes of the staff under them.

By: smallvice_585

smallvice_585 — Sun, 19 Apr 2009 01:14:24 +0000

I am not cursing anyone, merely pointing out people’s suffering goes on.

By: sad

sad — Sun, 19 Apr 2009 01:05:35 +0000

I am not sure if misselling was under his watch or Jackson Tai – you may be cursing the wrong soul!

Also the lack of control of MAS in curbing misselling – and not doing anything afterwards – the govt at large takes some blame.

I feel that many old folks who went to DBS got screwed – but the blame may not be on the latest dead CEO……

Regards

By: smallvice_585

smallvice_585 — Sat, 18 Apr 2009 23:39:10 +0000

hi abc xyz,

Firstly, he is not my father. If he is your father, congratulate on your inheritance.

Secondly, it is still his fault because he overlooked and failed to prevent mis-selling when he was alive as DBS CEO. Mis-selling occured under his watch, regardless if he directed them or not.

Thirdly, the people who suffer from the mis-selling are still alive. Being dead only absolve his responsibility to them, but not his guilt.

These are not insults. These are mere reminders that the pain of the living far exceed that of the dead.

By: abc xyz

abc xyz — Sat, 18 Apr 2009 23:22:16 +0000

Why do you want to say this?

Do you really think he was out to swindle old folks? Just because there are some cases of mis-selling does not mean there is an intent from the organization to do so.

If your father died, do you like to hear this sort of swears yourself?

By: smallvice_585

smallvice_585 — Sat, 18 Apr 2009 22:45:27 +0000

While the CEO of DBS died, his sins still live on in the heart and soul of the DBS High Notes Investors.