Comments on: Minibonds fiasco settled “without political pressure”, says Lim Hng Kiang

By: kopitiamahsoh

kopitiamahsoh — Tue, 21 Jul 2009 05:34:03 +0000

‘overly’ is a descriptive comparative and relative word.
Who determines how much is ‘overly’?
depends on each person?

By: Daniel

Daniel — Tue, 21 Jul 2009 03:11:40 +0000

Read about Lucky Tan’s latest post on
Lim Hng Kiang : Structured Notes Fiasco settled fairly….
http://singaporemind.blogspot.com/

By: HaiGong

HaiGong — Tue, 21 Jul 2009 03:06:28 +0000

HK has proven that it need not pay in $m to get effective and efficient govt, see they are always ahead of Singapore heh!

By: Look who's talking

Look who's talking — Tue, 21 Jul 2009 02:21:49 +0000

[ The process has not been overly legalistic and is not subject to political pressure. This way we serve the interests of all parties ...]
Wonder who “we” includes. The banks too? Certainly not the investors!

By: kopitiamahsoh

kopitiamahsoh — Tue, 21 Jul 2009 02:17:00 +0000

With H1N1 checks ongoing, i wonder in what way might the election date be affected?

Is there news about when to lower the alert warning level for H1N1 yet?

By: ErniesUrn

ErniesUrn — Tue, 21 Jul 2009 02:00:25 +0000

Election is coming. Investors should their love for the govt and vote them right out. :)

By: didyouknoworNOT?

didyouknoworNOT? — Tue, 21 Jul 2009 01:25:25 +0000

if the government did not step in, dbs and other banks wont pay a cent. the reason of stepping in is obvious, election is on the cards, no way they going to get the whole bunch of people swearing on their lost investments.

By: gemami

gemami — Tue, 21 Jul 2009 00:18:51 +0000

This is one instance when political pressure was very much needed but was found wanting. Perhaps because of the link it shares with the government, with a foremer PM being its chairman, no less.

LHK also said that MAS “does not, and cannot, micro-manage financial institutions in their operations…“. Yet, it now says there is a proposal to “promote more effective disclosure, strengthen fair dealing in the sale and advisory process, educate the investing public, and enhance MAS’ powers to investigate and take regulatory action..“.

If it cannot micro-manage before the fiasco, what makes him so sure it can now micro-manage with the new proposals?

By: blackfeline

blackfeline — Mon, 20 Jul 2009 23:36:29 +0000

is he talking about hairdressing?

By: CJ

CJ — Mon, 20 Jul 2009 21:38:24 +0000

If you point a gun at a person’s head, and then suggest anything… do you think he will object?

By: whenpotonpasireatabalong

whenpotonpasireatabalong — Mon, 20 Jul 2009 17:59:20 +0000

ha ha ha
let me laughed again
onced again
my balls is rolling on the floor laughin out loud….
if you pap ministers want ALL parties
why have norminated nmps?
why cannot have those oppositions who stood as candidates
they are not servin an interest to the ^nation^
maybe they just placed their heads on the electorial board just to be FILMED by wongcantsink electoria department…………….