Bullshit of the year: 3 finance bros quit banking jobs to carry on father's Nam Kee Chicken Rice legacy in Upper Thomson

[Franjipani]

they got retrench

 

[winnipegjets]

yeah, must have tattoos too for street cred.

What type of bank did he work in? One for triads?

 

[eatshitndie]

What type of bank did he work in? One for triads?

ah long bank, a.k.a. loanshark lending at 69% interest rate.

 

[congo9]

It's not that I don't want to believe. A low mid level manager is earning 10k a month before this year's bumper bonuses. They can go for their regular overseas trip with their generous annual leave and offs mandated off by government.

How can they want to quit ? Maybe the row of shop house is worth 15million. This is what they are after I guess.


They should just sell of the business and rent out the shop house. They can still do their work and continue to collect rental and wait for the capital appreciation of the asset. What a good deal.

 

[Franjipani]

3 ah bengs

 

[winnipegjets]

ah long bank, a.k.a. loanshark lending at 69% interest rate.

69% rate is cheap for Bank of Ah Long. Normal rate is 690%.

 

[Scrooball (clone)]

It's not that I don't want to believe. A low mid level manager is earning 10k a month before this year's bumper bonuses. They can go for their regular overseas trip with their generous annual leave and offs mandated off by government.

How can they want to quit ? Maybe the row of shop house is worth 15million. This is what they are after I guess.


They should just sell of the business and rent out the shop house. They can still do their work and continue to collect rental and wait for the capital appreciation of the asset. What a good deal.

A low mid level manager is earning $10k a month? Are u clowns earning so much or not? Haha

 

[Eisenhut]

Look at their face smlj bamker? More like sell handphone ah beng

 

[mojito]

Ah long all so call finane?

 

[Scrooball (clone)]

The only true banker is this fella la...

 

[eatshitndie]

The only true banker is this fella la...

what about lee kong chian?

 

[Papsmearer]

The only true banker is this fella la...

This guy is more like a gangster under his business suit.

 

[congo9]

A low mid level manager is earning $10k a month? Are u clowns earning so much or not? Haha

Yes
If you don't understand how lucrative banking is, then you won't know.

This year 2022, banks CEO has been raking in more money then other years

 

[bushtucker]

Look at their face smlj bamker? More like sell handphone ah beng

Loan sharks are also considered bankers specializing in underground loans and credit facilities. Lol

 

[Merl Haggard]

The only true banker is this fella la...

United Square formerly known as Goldhill Square was developed by William Ngoei of Goldhill Development Pte Ltd was foreclosed by Cho Yaw over a SGD20m loan in the early 90's.

Poor Bill Ngoei, father of Glen Ngoei was so devastated he died in 2012 a broken-hearted man. United Square is currently owned by UOL.

This well known banker who was very close to LKY is known to be an extremely ruthless character.

 

[birdie69]

What type of bank did he work in? One for triads?

Three of them worked in Credit Suisse, First Republic Bank and SVB respectively, lol!

 

[tobelightlight]

It's not that I don't want to believe. A low mid level manager is earning 10k a month before this year's bumper bonuses. They can go for their regular overseas trip with their generous annual leave and offs mandated off by government.

How can they want to quit ? Maybe the row of shop house is worth 15million. This is what they are after I guess.


They should just sell of the business and rent out the shop house. They can still do their work and continue to collect rental and wait for the capital appreciation of the asset. What a good deal.

They come from a family of doing business in Chicken rice selling. Which means they own business and they are born into a business owning family. Having millions in bank account from a business owning family is very normal. To them, having millions $ in bank account is normal as they see it when they are born.

When u have much money in bank account, a mere 10k per month job is just a job to them, nothing special.

People with money make decision in life very very different from those who have money challenges in life. They dun make decision based on lack of money or put money as a priority. In their case, family heritage and culture aka their business trademark is more important to them, money is no issue.

 

[laksaboy]

They comes from a family of doing business in Chicken rice selling. Which means they own business and they are born in a business owning family. Having millions in bank account from a business owning family is very normal. To them, having millions $ in bank account is normal as they see it when they are born.

When u have much money in bank account, a mere 10k per month job is just a job to them, nothing special.

People with money make decision in life very very different from those who have money challenges in life. They dun make decision based on lack of money or put money as a priority. In their case, family heritage and culture aka their business trademark is more important to them, money is no issue.

Indeed. Only poor people are obsessed with money, how much one earns etc. Fuck off to salary dot sg forum if you're into that kind of thing.

Wealthier, smarter people are more concerned with leaving a legacy.

 

[birdie69]

They come from a family of doing business in Chicken rice selling. Which means they own business and they are born into a business owning family. Having millions in bank account from a business owning family is very normal. To them, having millions $ in bank account is normal as they see it when they are born.

When u have much money in bank account, a mere 10k per month job is just a job to them, nothing special.

People with money make decision in life very very different from those who have money challenges in life. They dun make decision based on lack of money or put money as a priority. In their case, family heritage and culture aka their business trademark is more important to them, money is no issue.

The issues are which banks they were working?
They really earn $10k a month? Or just bs?

 

[tobelightlight]

The issues are which banks they were working?
They really earn $10k a month? Or just bs?

why is it important? 10k per month is very normal for a graduate or master working in a bank. i see nothing special in that. people working in banking and finance are earning 6 figures a year with the starting number digit that is more than 1.