UBS Hit with multibillion lawsuit = Sg $ gone ?

[louisoh]

http://money.cnn.com/2008/07/24/mark...ties/index.htm


Since Our gahment invested heavily into UBS with our 'cpf'.... so if lawsuit lose then hw?

[Nooch]

then they will come up with a GST hike lor..someone gotta pay e lost mah.. Since Temasek bought big pie of UBS. Same as e Suzhou investment years ago, a bleeding project from e start, think Temasek lost few Billion. Bad Debt liao..write off lor..

[feilong108]

hai..bo bian de...either more erp gantries or gst increase or ciggie prices or liquor prices..aiyo....income tax mayb...

[icecream]

Already confirm got $$$ gone...
http://www.littlespeck.com/content/e...omy-080724.htm

[feilong108]

oh dear....hope not too bad or else alot of things and taxes going to increase liao....Gosh..everything goes up but not salary...

[pet]

then they will come up with a GST hike lor..someone gotta pay e lost mah.. Since Temasek bought big pie of UBS. Same as e Suzhou investment years ago, a bleeding project from e start, think Temasek lost few Billion. Bad Debt liao..write off lor..

i think write off alot leow... only knwo how to make local's $$ with those GLC... competing wiht local co for rice bowl... tht day friend were saying sometimes is a mistake for GLC to own so many co in sg and compete with the rest of private sector, cos money just dont go around... jst look at other 1st world.. they dont hv co like keppeland, capitaland, mapletree etc ( jst to name prop sector nia )... to compete with private developer ...

[feilong108]

hahaha..true...GLC have their fingers in every sectors that make money..hahaha....

[icecream]

no matter what gahmen still make money..

[feilong108]

yeah..they make money from locals to lose to others in a moment..hai....i juz wish they dun invest the reserves and give us locals some rebates or incentives if got surplus...better mah..afterall it is all our money mah...

[icecream]

yeah..they make money from locals to lose to others in a moment..hai....i juz wish they dun invest the reserves and give us locals some rebates or incentives if got surplus...better mah..afterall it is all our money mah...

grandpa will say... we cannot depend on these growth dividends or gst rebates..or something like that la..

[leslie]

then they will come up with a GST hike lor..someone gotta pay e lost mah.. Since Temasek bought big pie of UBS. Same as e Suzhou investment years ago, a bleeding project from e start, think Temasek lost few Billion. Bad Debt liao..write off lor..

yah lor..incrase gst to help the poo lor..gst increased for a year liao but any plans to help the poor? no news liao..silly garment..

[Nooch]

i think write off alot leow... only knwo how to make local's $$ with those GLC... competing wiht local co for rice bowl... tht day friend were saying sometimes is a mistake for GLC to own so many co in sg and compete with the rest of private sector, cos money just dont go around... jst look at other 1st world.. they dont hv co like keppeland, capitaland, mapletree etc ( jst to name prop sector nia )... to compete with private developer ...

Other 1st world have true democracy lor..look at us? Autocratic state. Everything also they wan to get involve, my fren workin in a small publishing firm then SPH bought over he say never e same, everything he write must be vetted by his boss, he was told tat it was to ensure accuracy, I say BS lor..it is to ensure anyone never write negative abt garment. Here is 1st world country, 3rd world pay. I see e ppl in white dancing Hip-Hop i feel disgusted. Alamak if I got million dollar wage i also can dance lor..

[triton]

growth dividend and gst rebates?

do they help?

grandpa will say... we cannot depend on these growth dividends or gst rebates..or something like that la..

[seiko.citizen]

the above mentioned is a temp measure to help the less fortunate in delaying the effect. ie: give them some cushion against the price hike.

[116520]

Our money??? I never think those are our money already loh.... my money is in my bank....

yeah..they make money from locals to lose to others in a moment..hai....i juz wish they dun invest the reserves and give us locals some rebates or incentives if got surplus...better mah..afterall it is all our money mah...