MAS: minibond investors to blame for bad investment decision

[Avantas]

Watch video here:

http://wayangparty.com/2008/12/18/m...esponsibility-for-their-investment-decisions/

From CNA:

The Monetary Authority of Singapore (MAS) on Wednesday said investors who have bought failed structured products will know the outcome of their complaints by the middle of January.

The central bank has been working with financial institutions in the past 10 weeks.

The central bank also said investors should be prepared to bear responsibility for their investment decisions.


Many questions remains unaddressed in this report: the number of investors who have been informed by the FIs of their decisions, the number of investors who have received compensation and the number of “clear-cut” cases who have been informed of the outcome.

 

[Porfirio Rubirosa]

Has MAS actually conducted a proper and adequate inquiry into this whole matter? If so are they going to publish their findings?

 

[DOM the Clown]

Has MAS actually conducted a proper and adequate inquiry into this whole matter? If so are they going to publish their findings?

This is blesphemous!!! Of course they did! Here's a sample of how they did their thorough inquiry into this whole matter:

MAS: Yes?

ToxicVictim: I want the bank who sold me the lehman bros rubbish to refund me my money.

MAS: Have you got your eyes checked?

ToxicVictim: No. But why?

MAS: We suggest that you do. It will facilitate our THOROUGH INQUIRY as required by our Independent Comissioner, Mr Porfirio Rubirosa. We strongly recommend that you check your eyes with OUR.......Dr Lee Wei Ling.

............ten weeks later, after many, many eyes test on ToxiVictim......

ToxiVictim: Well? I've got the report here.........

MAS: Splendid! We have seen the report and Dr Lee has said that your eyes are in tip top conditions..........and you went into this investment with your eyes wide open.......splendid...........yes......after this thorough investigation, we shall recommend in our report that you guys should be prepared to bear responsibility for all your investment decisions. That would be all. Bye! Cheerio!


ToxicVictim:.....................................???




hiak! hiak! hiak!
DOM

 

[2lanu]

Aa Usual, got credit those white scums jump out to grab. Truoble happened they point finger!

 

[halsey02]

This is blesphemous!!! Of course they did! Here's a sample of how they did their thorough inquiry into this whole matter:

MAS: Yes?

ToxicVictim: I want the bank who sold me the lehman bros rubbish to refund me my money.

MAS: Have you got your eyes checked?

ToxicVictim: No. But why?

MAS: We suggest that you do. It will facilitate our THOROUGH INQUIRY as required by our Independent Comissioner, Mr Porfirio Rubirosa. We strongly recommend that you check your eyes with OUR.......Dr Lee Wei Ling.

............ten weeks later, after many, many eyes test on ToxiVictim......

ToxiVictim: Well? I've got the report here.........

MAS: Splendid! We have seen the report and Dr Lee has said that your eyes are in tip top conditions..........and you went into this investment with your eyes wide open.......splendid...........yes......after this thorough investigation, we shall recommend in our report that you guys should be prepared to bear responsibility for all your investment decisions. That would be all. Bye! Cheerio!


ToxicVictim:.....................................???




hiak! hiak! hiak!
DOM

Dr.Lee, an eye surgeon?....thought she wanted to be Vet, but there is not much money & glamour in being a vet...wait, she send you to get you distemper...making a mistake like this!

 

[DOM the Clown]

Dr.Lee, an eye surgeon?....thought she wanted to be Vet, but there is not much money & glamour in being a vet...wait, she send you to get you distemper...making a mistake like this!

Aiya! Chingchai la! As long as it's a lokkun who's involved, I'll try to slot in a member of the LEE family. They very the tuokee........so I must lespect lespect mah!