maybe the have " liang xin". but i smell fishy! maybe time CPF cuts, or civil servants bonus, paycuts coming.

i dont think arsenal will ever pay such amount of money.

maybe that why hilary clinton din won the dual with obama.

maybe that why Bush was very much hatred by Americans and cant wait for him to go.

maybe thaksin bro in law is deem to fail in thailand.

maybe in americans they call the Bush dynasty?

wow, dint know tharma was convicted of official secret acts.

maybe that another " honest mistake, Let move ON"!!

you don't even bother to find out your own responsibilities??

that speaks volumes...

btw.. ask ask ask.. the same way you MUST ask ask ask the opposition..

you don't trust the MIW but you would trust the opposition?

your enemy's enemy may not be your friend..

you ask.. so you will know.. when you know, you will not make the same mistakes.. and the opposition will be prone to the same mistakes because politicians are all basically self-serving bastards...

if you don't even want to know, you are fated to be taken advantage of by despots in different guises.. and you won't even know it...

your ignorance and your pride in your own ignorance.. and your belligerence speaks volumes...

now.. you rant against something.. but you don't know what.. you only know that some self-serving bastards took public money and wasted it.. what makes you so sure the opposition won't do the same?

sheesh..

your comment i call it " LPPL".

my enemy enemy though not necessary my friend need not be my enemy right?

if you ask someone who never give you the correct answer why bother to ask again? unless you are crazy? im definitely not. maybe u r.

mind you, maybe when you comment politicans are self serving bastards only relate to youself when u or if u become one.

we have all know TC has squandered 12 million dollar? why dont you open the your big fat mouth and tell us something that we dont know from the newspaper? tell me what i do not know?

please be polite when you speak to someone else, you parents could have teach you to be a better person than the PAP. can you?

Personally, after reading that, I have this feeling like a robber after robbing a woman and then tell her "be thankful" I didnt rape you.

well said, that why PAP is also regards as despots!

this is definitely mis management strategy on the part of Big 3.

Eg. Ford can already see it coming when the sales of their Ford focus was gaining popularity in EU and china. they could have divert mroe of their resources to building smaller cars and fuel efficient car to target EU and Asia market.

The model in which asia can choose from the big 3 auto are pathetic few. this is already the mistake of the big 3.

i thought chrysler from germans?

nv knew it was from US

maybe daimler chrysler mislead u. Luckily the german got pray to deity, that they spin off from Chrysler in 2007 holding on less than 20% stake and change it name to Chrysler. by the way, daimler has write off all this investment to chrysler to Zero. meaning they give up of gaining anything from this company!

In my opinion, the only bailout condition is the 3 must merge into 1 company. restructure wages, more small cars, and start to focus more on oversea market beyond USA.

SINGAPORE: Singapore government statutory boards are not exposed to the structured products and credit notes linked to bankrupt US investment bank Lehman Brothers.

Finance Minister Tharman Shanmugaratnam told Parliament that none are holding the Lehman Minibonds, Pinnacle Series, DBS High Notes Five, Merill Lynch Jubilee Series products.

Mr Tharman says four statutory boards - the Civil Service College, Singapore Land Authority, Infocomm Development Authority and the Professional Engineers' Board - have invested in other credit-linked notes.

He says the notes suffered a 14 per cent paper loss this year, not very different from the recent global market performance.

The exposure of the four boards to such notes make up only 0.05 per cent of the total investment portfolios of all of Singapore's statutory boards.

One of the statutory boards also has financial products linked to credit default swaps, but this makes up only 0.1 per cent of its portfolio.

Mr Tharman also says the government has advised all the statutory boards to maintain sound principles of diversification and risk management when investing.

maybe not lehman but:

If they invest in CDS, this is another time bomb that chance of it going bust is higher than it is not.

Just look at AIG, CDS are dragging them into an almost insolvency. If without US treasury they are already DEAD AND BURY!

if ur wish list is reducing GST for coming budget, forget it. they are going to try various means to recover their lost and mistake thru no other than singaporeans!

But I am curious as to why they are holding specific shares instead of say buying into mutual funds or unit trusts for diversification purposes.

instead of holding too much cash, they should rebate the resident.

do we need a smart ass to told us that TC does not have the necessary expertise to invest?

TC is good at finding cheap FW to sweep our void deck, sweep our floors and cut the trees.

But I am curious as to why they are holding specific shares instead of say buying into mutual funds or unit trusts for diversification purposes.

instead of holding too much cash, they should rebate the resident.

do we need a smart ass to told us that TC does not have the necessary expertise to invest?

TC is good at finding cheap FW to sweep our void deck, sweep our floors and cut the trees.

Rock^Star asks: "Has Tan Kin Lian's character assassination just begun?"

that is my worry for Tan Kin Lian as well.

he will soon be banish or maybe force into exile from singapore.

i think PM comment could means while the market and economy can practise capitalism. singapore still need socialist kind of regime to rule singapore.

his comment just justify he is trying to rule singapore with a iron fist and before we all die, there will be no more election.

some local stock brokers and economist predictec STI could trend lower to 1300 level in 2009. resistence is 1500 and 1700.

So far 1700 is holding up well partly because of Singtel resilient. Singtel is a super heavy weight in STI.

if u look at the other 4 indices such as the FTchina,ST all share,FT midcaps and FT small caps. these indices are already showing weakness.

I am a strong believer that the worse has yet to hit us.

i think the investment gp of Citibank(S) will be hardest Hit.

All investment unit of banks will start to retrench sooner or later.

After the latest backlash on DBS retrenchment announcement, all the other banks will be cautious and be tactful to accounce their retrenchment.

If anyone who feel surprise by NTUC Lim swee say reaction to DBS retrenchment, ever ask why? coz that a big slap in their MVC and AVC which they promote to help company the staff better weather the economy crisis. Look what happen?

i would vote straight to the opposition instead of ask ask ask.

They should learn to tell tell tell n explain and seek someone to take responsibility so that in future there is accountability.

Until now, we do not know who the responsibilities lies!

despots!!

with these hundred of millions of reserve, the could better upgrade our living area, reduce conservation charges /mth. and betteer use to improve the life of less fortunate residence in that constituency area.

I feel sad when i watch Li Ming shun and Quan YIfeng TV show helping the poor. and hour later, i heard the news of town council squandering the money of resident!

despots!!!

damn!!

each town council actually have  hundred of millions of reserves!!

so far i dont see any form accountability by the members of the MP and towncouncil.

another form of corruption has erupted in the eyes of singaporeans again!!

built pool no deeper than 1.3M.

sound good?

heil Fandi ahman!!

 receive quite a few from Canada and the USA..   they even call office nos to ask for person in charge of company...  I cannot siam and at the same time cannot be rude damn difficult to get rid of them ...

some are employing angmo that base in thailand to ask you to invest in unknown stocks or whatever. these are also scams.

just believe in this PAP famous sentense" there is no free lunch in this world". But if they call in night, errr..... no free dinner?

Lim swee say had lost its image as ppl from PAP deem closest to " hard Landers".

i hope he will use stronger words to pass the message to the Foreigner DBS CEO other than " dissappointed".

That is the problem of having a foreigner at the helm of one of the most valuable asset of singapore.

He is not going to shed a tear for singaporeans. He will not feel bad. all he is concern is his own salary, pay packet to maintain the corporate profits.

Why need to retrench when it is still making profits and not lose?

Jackson Tsai is another smart ass, he probably see what is coming and quit before it get to him.

currently in macau right now. everyday, LVS hoads the papers headlines. many local and HKers will lose their jobs. another 2 of LVS project in macau has halted indefinitely too.

LVS is just playing the diversification games by concentrating in singapore.

LVS already has 2 casino in Macau.

LVS already feeling the pinch of reduce tourist from china due to visa restriction to macau.

LVS feel singapore will fully support the project and do whatever it can to ensure it succeed, even it means allowing singaporean to gamble by reducing entry tariffs.

I rather it stop the singapore project, that would give the ruling party a big tight slap in the face!!

i urge the relevant authority to issue swmming licences like in the navy. Cat A-C.

If Cat A can access all pool, if Cat C,go baby pool !!

well, the jobless rate will be worse come 4Q08 and 1Q09.

anyway, in american the data of jobless are more accurate compare to singapore.

Because in USA, if they are jobless they can claim benefits.

In singapore, the jobless rate are not accurately reflected as many uncles and untties have already giving up working.

well, they can really nice person to have if you have multi millions for investment.