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“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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DBS Hong Kong will repay HK$651 million to 2,160 customers who bought its high-risk derivative products, becoming the first lender to refund both the original investment as well as interest in the scandal that started with Lehman Brothers minibonds.
July 2010
(This post was last modified: 05-07-2024, 10:16 PM by
Scythian.)
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Dont laugh! I don’t park my fund in DBS.
Give pathetic interest rate.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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(This post was last modified: 05-07-2024, 10:29 PM by
RiseofAsia.)
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(05-07-2024, 10:15 PM)Scythian Wrote: DBS Hong Kong will repay HK$651 million to 2,160 customers who bought its high-risk derivative products, becoming the first lender to refund both the original investment as well as interest in the scandal that started with Lehman Brothers minibonds.
July 2010
Leemember last time got many sinkie tio sian into buying these risky bonds tio sian by the banks as low-risk investment and ganna burned jiak liao too (billions of SGD if leecall correctly). Kind of leecall our higher mortals that time got help defend the banks to lecture sinkie that they go in those banks to hoot the bonds with their eyes wide opened one. End up sinkie can only llst and see their saving flush down the toilet.
Why nobody help DBS to go tell those kong kee the same thing.
There was a time when the country asked ordinary men to do extraordinary things.
But now, they'll only do it for money.
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