OUB Centre at Raffles Place on a Saturday morning. Shops just opening.
Legalise insider trading
A letter from a Charles Tan in the Today paper suggested that insider trading should be legalised. There is nothing for me say when people cannot see what this will lead to.
But this is another brutal truth. When one is in a position of power or authority and accessible to sensitve information, connections etc, it is ok to take advantage of the situation to fatten one's pocket.
Are we ready for the Singapore of the future?