Singtel, SIA, DBS, NOL, Capitaland, Singapore Power, SMRT and much more! Don't tell me you have never heard of these world class companies? They are some of the most generous employers of FTs and post record profits year after year without fail! Our global competitors capitulate when we made known our interest to compete in their markets, and gladly open their books to us when our investment banking buddies bring us on an acquisition spree. Have you not seen how much profit we made after taking a few big baths? Haven't you notice how easy it is to raise prices when demand is inelastic. It's all simple economics really and the ang mohs are just too lazy to reread their A level notes again.
Citi and UBS were not failed ventures. They are simply extra large expense accounts to wine and dine our friends. After all, we have been on the receiving end for many many years and we insist on returning the favour like a good host should!