Home » Posts tagged with "lehman brothers"
Posts tagged with "lehman brothers"
Seeking a fair settlement
Aug. 22 | Andrew Loh Eleven months after US investment bank, Lehman Brothers, collapsed, some investors of failed structured financial products in Singapore are still hoping for the authorities to help them recoup their losses. Their latest attempt at doing so...
Hong Kong investors protest DBS
Aug. 9 | From the Associated Press / Picture from Straits Times. HONG KONG – About 100 Hong Kong investors burned by complex financial products linked to failed U.S. investment bank Lehman Brothers protested Sunday, demanding securities regulators help them...
If HK can pressure banks to pay Lehman victims, why can’t MAS?
Jul. 27 | I am surprised that our industry watchdog, the Monetary Authority of Singapore (MAS), is not as efficient and influential as Hong Kong’s Securities and Futures Commission and Hong Kong Monetary Authority… David Goh, letter to the Straits Times...
Minibonds fiasco settled “without political pressure”, says Lim Hng Kiang
Jul. 21 | The process has not been overly legalistic and is not subject to political pressure. This way we serve the interests of all parties, and also serve the wider public interest of growing Singapore’s reputation as a credible and reliable international...
Banned from selling what nobody wants to buy?
Jul. 11 | Leong Sze Hian I refer to the article “Their shortfalls…” (Today, Jul 8). Since offers and rejections were made as early as at the end of last year, I would like to ask to what extent the findings of improper conduct for each of the 10 financial...
“Special remuneration”?? Lehman forgotten…?
Mar. 17 | DBS Group Holdings chairman Koh Boon Hwee plans to donate $2 million he is set to receive in additional pay to causes that support the ‘importance of learning and education’. This ‘special remuneration’ from DBS is in recognition...
In between the silence
Dec. 21 | KJ Can there be real transparency and accountability in an authoritarian one-party state? In popular banter, in coffeeshops, during taxi-rides, Singapore is often likened to a dynasty, a fiefdom, a monarchy. The benevolent emperor is aging, and the...
TOC Exclusive: Interview with investor who lost $150,000
Nov. 28 | The Online Citizen spoke to Mr Ng, who invested and lost about $150,000 of his savings when investment bank Lehman Brothers collapsed. Mr Ng had repeatedly clarified with his relationship manager (RM), before he bought the High Notes 5 product, that it...
It just makes your blood boil
Nov. 20 | Andrew Loh / Deputy Editor It is hard not to be angry. And be very angry at that. Consider this: On 15th September 2007, according to Channel NewsAsia, the HDB said the following with regards to the new flats in Punggol: … 81 percent of residents...
Be thankful we lost your money!
Nov. 19 | They (residents) should thank the Town Council for working hard to come up with a diversified portfolio to generate income so that residents do not have to fork out more money. Teo Ho Pin, Chairman, Holland-Bukit Panjang GRC The Town Councils did not...
An expected Straits Times forum letter
Nov. 18 | Some Town Councils prefer to charge higher S&C charges so they put their savings in very safe investments. Senior Minister of State for National Development Grace Fu in Parliament ———- Is Mr Tan organising the rallies at Speakers’...
Town councils, anymore skeletons in the closet?
Nov. 18 | Lim Chih Yang / Writer On 31 October 2008, I wrote an article for The Online Citizen entitled, Town Councils – be accountable to constituents. That was when the first whiff of trouble that Town Council had invested in toxic products by Lehman-link...
Town Councils investments – a brief summary
Nov. 18 | A brief summary of what was said about town councils’ investment. Note: Is Holland-Bukit Panjang’s Town Council’s investment losses limited to structured products? The MPs for the GRC are: Lim Swee Say, Vivian Balakrishnan, Yu-Foo Yee...
Breaking News: $12m in troubled products
Nov. 17 | Just like thousands of Singapore investors who have lost money on failed Lehman-linked structured products, the Holland-Bukit Panjang Town Council may lose its S$8 million investment. – Channel NewsAsia. From the Straits Times: TWO town councils –...
After five weeks, where are the politicians?
Nov. 16 | Andrew Loh / Deputy Editor This is a personal observation piece on what has been happening at Speakers’ Corner with regards to the credit-linked securities saga. Mr Tan Kin Lian has been making speeches there for five weeks now – giving advice to...
DBS lehman fiasco: Lets move on!
Nov. 14 | What he is saying effectively is that the Lehman fiasco is unfortunate, no one saw it coming, so let us all charge everything to experience and start anew. David Lam (ST Forum, on DBS chairman’s remarks)
Town Councils investments – be accountable to constituents
Oct. 31 | Lim Chih Yang / Writer The on-going financial crisis seems to claim victims in all shape and sizes, from all walks of life and from even the most unlikely of organizations. Even as the various banks and financial institutions rush to contain the public...
