Chitchat Erection is over. It's time to move on

NanoSpeed said:

Why not tit chiap suck the minister's cock? Nowadays all ministers got Facebook. Just tag him lah.

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Chase said:

When I was cooperating with DSTA, they told me that NCM had anger-management issues. He liked to throw things at his subordinates when people corrected him. He would probably start a war if he became a CDF. Then after COVID, NTUC people told me that NCM couldn't be rushed. They saw him throwing his clothes at his assistant when told to put on the union's uniform before speaking.

From the NTUC-Allianz saga, I don't think NCM understands corporate finance. Because if he does, it means that he betrayed Singaporeans while taking charge of NTUC.

In corporate finance, it is called COC - Change of Control (COC). When there is COC, all debts of a company that is acquired, has to be renegotiated with creditors, because the new owner might be riskier. Insurance life/saving plans are a form of obligation to policyholders.

If u owe DBS money, can you tell DBS that now your maid will take over your debts?

Billions of dollars worth of life and saving policies will be affected when INCOME Insurance is sold. INCOME is like quasi-sovereign and Allianz has a weaker credit-worthiness in the eyes of creditors. It is a Lose-Lose situation for policyholders - New owner equates to higher risk and surrendering their policies equates to losing bonuses.

Do you still remember the AIG crisis?
https://www.reuters.com/article/mar...ans-rush-to-redeem-aig-policies-idUSSIN89325/

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sbfuncle said:

NCM has a very serious character problem and now with this saga

LW has to answer for it.

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NanoSpeed said:

LW will be more than happy to cull the Generals in his team one by one to consolidate his powerbase.

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sbfuncle said:

I guess LW is restricted by the majesty.
He has to think of ways to get rid of the majesty first before he can truly rule sg.

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Did We Hope for Too Much?​

Chase said:

we used trump to spread fear during GE

so Trump haven't congratulate our new government yet

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sbfuncle said:

I have told you guys it will be a waste of time. Before, and now and after.
That's why I had banned myself from voting from 2025.

5 years down the road the same thing will just leepeat.

For me, I would rather think of ways to milk pap than to vote for changes.

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disconsolate said:

Sounds a bit like that David Neo nonsense..but is 可以的

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sbfuncle said:

I guess LW is restricted by the majesty.
He has to think of ways to get rid of the majesty first before he can truly rule sg.

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Ah Max said:

chng kay always win…tio boh unker?

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NanoSpeed said:

Who gave the orders to blow the whistle on Income? You think it comes from oppies meh?

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sbfuncle said:

99.69% chng kay always wins
We must aim to be the bear learn.

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