When minibond investor Madam Lin Jin Jiao held a silent solo protest against DBS at Raffles Place 2 days ago, she may have shown us an innovative method to finally break the impasse and force the financial institutions to re-evaluate their positions.
After all, banks depend on its clients for business and in an increasingly difficult economic climate, every customer counts. With both their image and reputation at stake, it is unlikely the banks will continue to sit on the problem.
Madam Lin achieved a remarkable feat not repeated by any opposition leader in Singapore. She manage to hold a protest outside Hong Lim Park without a permit and is not arrested for it. Dr Chee Soon Juan was arrested promptly by police a few years ago when he tried to speak to a lunchtime crowd at the same venue.
Read rest of article here:
http://wayangparty.com/2008/12/25/s...-may-be-a-solution-to-break-minibond-impasse/
After all, banks depend on its clients for business and in an increasingly difficult economic climate, every customer counts. With both their image and reputation at stake, it is unlikely the banks will continue to sit on the problem.
Madam Lin achieved a remarkable feat not repeated by any opposition leader in Singapore. She manage to hold a protest outside Hong Lim Park without a permit and is not arrested for it. Dr Chee Soon Juan was arrested promptly by police a few years ago when he tried to speak to a lunchtime crowd at the same venue.
Read rest of article here:
http://wayangparty.com/2008/12/25/s...-may-be-a-solution-to-break-minibond-impasse/
