31-10-2021, 02:35 PM
When the lehman minibonds sold to elderly by Singapore banks collapsed ....not a single PAP MP spoke up to help them....the govt was ready to walk away from the problem if there was no pressure to do something and leave the investors to suffer.
It was people like Goh Meng Seng who spoke up ...that helped to turn the tide. The elderly in the end received something but many still lost their life savings.
I was in the crowd watching the speech and talking to those who lost everything. They were just queuing at the bank and lured by the relationship managers at the bank to put their live savings into these products and assured it was safe. Yet the bank claimed they had no responsibility.
But not a single highly paid PAP leader spoke up for these people....you ask me what is wrong with the leadership....this is what's wrong.
It was people like Goh Meng Seng who spoke up ...that helped to turn the tide. The elderly in the end received something but many still lost their life savings.
I was in the crowd watching the speech and talking to those who lost everything. They were just queuing at the bank and lured by the relationship managers at the bank to put their live savings into these products and assured it was safe. Yet the bank claimed they had no responsibility.
But not a single highly paid PAP leader spoke up for these people....you ask me what is wrong with the leadership....this is what's wrong.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.