[Manthink]

Clob issue is surrounded by propaganda and misinformation.
This is one of the things i researched before i became an investors. The fault lies with Singapore govt.
....In 2009 the regulators allows Lehman minibonds to be sold in Sjngapore when it was banned in most countries again resulting in losses for Singaooreans.
Once i learnt the truth surrounding the CLOB saga and how Singapore financial authorities work, i avoided all the subsequent failings of the system.

Obviously folks with GREED never bothered to read the T&C before signing on the dotted lines.

CLOB was already known to be not encourage nor underwrite by the SG gov.

Why blame SG gov then investors are blind the RISK that is part and parcel of any high-return deal ?

You want easy $ without RISK? Be my guess...but please don't point finger at SG gov.

Moral of Story is the same and applies to those who love "investing" in Johor properties.