tag:blogger.com,1999:blog-17473688.post7972171487161367096..comments2024-03-29T22:35:40.298+08:00Comments on My Singapore News: Another crisis in the makingChua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-17473688.post-44196134514461841172009-10-14T14:19:04.633+08:002009-10-14T14:19:04.633+08:00don't laugh can, matilah. the generalised term...don't laugh can, matilah. the generalised term we use to describe greed is not the small fellows who wants to make that extra $200 or $2000. the negative connotation is reserved for those who have several millions or hundreds of millions and have practically anything they need and the rest of the money they just can't spend away, and still demanding more in their devious ways.<br /><br />Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-47485327776765844122009-10-14T13:19:52.855+08:002009-10-14T13:19:52.855+08:00redbean,
I always laugh when people such as yours...redbean,<br /><br />I always laugh when people such as yourself judge others by referring to certain human traits like "greed" or "evil" — as if there are such things in reality. I don't believe there are.<br /><br />Bankers, like everyone else, respond to INCENTIVES. If the govt awards special privileges to certain groups which allow those groups to simply "create Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-11802588302425408002009-10-14T10:09:09.505+08:002009-10-14T10:09:09.505+08:00matilah, your wishes shall be granted, can be very...matilah, your wishes shall be granted, can be very soon.<br /><br />the greedy bankers still did not know how serious is the harm they have done to the system. unproductive but selling worthless papers for profits.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-31958406949047998302009-10-14T09:42:57.943+08:002009-10-14T09:42:57.943+08:00There is no "free market" in banking. Ba...There is no "free market" in banking. Banking is a monopoly-cartel where govt and business suck each other's cocks -- and screw the average jo and jane out of their money.<br /><br />The sooner the state-controlled and regulated financial system collapses the better. The controls and regulations don't protect the (so-called) "innocent" -- the regulations and controls Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-90607327101083594662009-10-14T09:21:07.461+08:002009-10-14T09:21:07.461+08:00Greed IS good. Good for the economy, good for comp...Greed IS good. Good for the economy, good for competition and good to weed out the deadwoods. <br /><br />This episode is not only about the defection of staff. In this industry, the money follows the money managers because save for it's rating, all banks are the same whether you bank with A or B. Forget about the hype. It's only what the advertising boys dream up when they are high on Wally Buffethttps://www.blogger.com/profile/15310530661689310446noreply@blogger.com