- Joined
- Dec 11, 2012
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- 9,065
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Heng Swee Kiat of Tampines GRC was MAS boss when the subprime crisis happened and Lehman Bros went bust.
In Hong Kong, those who lost money in such derivatives were compensated fully but in Singapore, MAS sided with the banks and those who lost in such unsafe derivatives are left to fend for themselves.
That is irresponsible. Do you want an irresponsible and weak minister to be your MP?
In Hong Kong, those who lost money in such derivatives were compensated fully but in Singapore, MAS sided with the banks and those who lost in such unsafe derivatives are left to fend for themselves.
That is irresponsible. Do you want an irresponsible and weak minister to be your MP?