How Safe are our Banks?

[pia]

With Lehman Bros, Meryll Lynch saga, I'm reminded of the preferential shares issue by OCBC and UOB. Were they raising capital for their imminent financial crises? If so, how big is the potential hole?

What about DBS? With so many angmoh at the helm then and now, and their western inclinations, read subprime, isn't DBS a higher risk bank than OCBC and UOB?

Should we be reducing our exposure in these banks? Any insider info from bros here?

 

[tonychat]

bangkok banks are safer. Try saving some in.

 

[pia]

bangkok banks are safer. Try saving some in.

Done that But really, I don't expect Thailand to be immune from a global financial crisis as well.

 

[hughgrant]

i not too sure how safe our banks are , but i think their current share prices are a tad too high. should be coming down at least another 20-30%

 

[saratogas]

Quick take your bank book for updates before they short change you! To those who bought AIA unit trust and insurance, good luck to u all!

 

[Hans168]

How safe are our banks? MINE deducts money from my account without my prior consent nor authorisation! I asked for assurance that it will never ever happen again but sofar after so many months, I got no reply whatsoever. This means they will continue their high-handed action in removing money from my account as n when they please!!!!!!!!!! WTF!!

 

[madmansg]

tony tan already say there are two senario. they will survive or they will collapse.

 

[Cestbon]

tony tan already say there are two senario. they will survive or they will collapse.

Anyone also know either die or survive.
DBS should be save, our gov. will bail out the Bank using CPF money if there any trouble.
In US different because by definition the accounting US goverment is Bankrupt long time ago.

 

[theblackhole]

I got nothing to worry about. Banks collapse or survive.
I got no money.No cash.No income.Got nothing.
Looking at the whole financial debacle in the States makes me sick to the bones.
What the fuck are these people doing - conning the whole wide world!!! Shit!!!

 

[pia]

I got nothing to worry about. Banks collapse or survive.
I got no money.No cash.No income.Got nothing.
Looking at the whole financial debacle in the States makes me sick to the bones.
What the fuck are these people doing - conning the whole wide world!!! Shit!!!

See? The poor can be happy too

Cheer up, bro.. I'm sure you're not so down.

 

[halsey02]

tony tan already say there are two senario. they will survive or they will collapse.

That is not very assuring from Tony Tan isn't it?, did his heart go fluttering too?

 

[halsey02]

I got nothing to worry about. Banks collapse or survive.
I got no money.No cash.No income.Got nothing.
Looking at the whole financial debacle in the States makes me sick to the bones.
What the fuck are these people doing - conning the whole wide world!!! Shit!!!

How do you buy things then? you barter?

 

[080726jk]

清洗管道

清洗管道(1)疏通各种市政管道，主管道和其他大型地下管道的堵塞。清洗管道高压清洗各种管道.疑难污水管道、市政管线、居民楼房所有分管、立管、主管管线。 北京高压清洗 (2)马桶：疏通因抹布、毛巾、塑料、清洁球等各种软硬物质冲进马桶所造成的堵塞。清洗管道。清洗管道(3)墫坑：使用年限久了，清理化粪池[/url]蹲坑上的尿碱变厚，使下水量小、流速慢，极易堵塞，本中心可疏通因此而造成的各种堵塞。。清洗管道 北京管道疏通(4)地漏：。清洗管道u清理化粪池疏通水泥、沙子、头发等各种杂物掉入地漏所造成的堵塞。 北京高压清洗(5)浴缸面盆：。清洗管道疏通各种型号的浴缸、面盆、菜池，包括V型弯和S型弯等各种管道。

 

[marlborotan]

I only trust local bank under govt such as POSB loh

 

[SammyHulk]

aiya, like put your money under the pillow lor. :p

 

[High till Dry]

We have not seen any banks folded here before. At most they merge banks only

 

[halsey02]

We have not seen any banks folded here before. At most they merge banks only

Ahhhh!...you must have not heard od Chung Khiaw Bank?..mo?

 

[High till Dry]

Ahhhh!...you must have not heard od Chung Khiaw Bank?..mo?

heard b4 when i was in primary school. it was a subsidary of of the local banks rite? did the bank filed for bankrupty?

 

[TeeKee]

How Safe are our Banks?

dentist: Is it safe?

MM: i donno what you talking about...

dentist activating the drill: I said is it safe?

MM: what the hell...

dentist starts drilling onto MM....lol..

 

[theblackhole]

How do you buy things then? you barter?

Search the bins for fruits and discarded food lah.Rich Singaporeans are great food wasters! Just go to the hawker centre and food court and finish the left-overs euff for me lah.