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Coffeeshop Chit Chat - Great Post From Lucky Tan In His Blog</TD><TD id=msgunetc noWrap align=right>
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">SGNEWSALTE <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">12:01 am </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 2) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>3452.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Lucky Tan reflects on HK investors being invited to sue Lehman in US.
http://singaporemind.blogspot.com/2008/12/hk-minibond-investors-consider-suit-in.html
What am I getting at?.....These few points:
1. It is not easy to fight big corporations. Do they play by the rules? Why were there information leaks during the investigation?
2. They will fight you even when they know they are wrong....especially when compensation is involved. The idea is to wear you out.
3. The authorities who are suppose to find the truth can make mistakes.
4. Most govt agencies in a certain little island state is more interested in moving on and hoping everything quiet down than pursuing the truth and justice. Justice is a DIY thing. Once you give up, it is game over.
5. American law firms whose survival and prosperity depends class action lawsuits can wage effective battles against corporations. The good ones have a track record of success. They don't win, they don't eat and don't survive.
6. The MI185 families took their fight all the way to Los Angeles, USA where they won. The playing field is not level around the world when you're fighting big companies.
Truth?...what kind of justice you get depends a lot on your determination to pursue it. It would be better if the people who are suppose to be on your side such as elected representatives are helping you - you see that in Belgium, Hong Kong and Taiwan. Banks are not going to feel guilty and compensate you even if they are wrong, they will fight you all the way. You can go through the process of filing complaints like the govt ask you to but you'll soon find yourself at the end of the road alone with the other victims. The idea is if you give up and become silent, the problem is solved in the eyes of the govt. They will just move on and leave this group of people behind just like they did many others. Moving on is an art our govt has mastered and silence is sin that Singaporeans often commit.
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http://singaporemind.blogspot.com/2008/12/hk-minibond-investors-consider-suit-in.html
What am I getting at?.....These few points:
1. It is not easy to fight big corporations. Do they play by the rules? Why were there information leaks during the investigation?
2. They will fight you even when they know they are wrong....especially when compensation is involved. The idea is to wear you out.
3. The authorities who are suppose to find the truth can make mistakes.
4. Most govt agencies in a certain little island state is more interested in moving on and hoping everything quiet down than pursuing the truth and justice. Justice is a DIY thing. Once you give up, it is game over.
5. American law firms whose survival and prosperity depends class action lawsuits can wage effective battles against corporations. The good ones have a track record of success. They don't win, they don't eat and don't survive.
6. The MI185 families took their fight all the way to Los Angeles, USA where they won. The playing field is not level around the world when you're fighting big companies.
Truth?...what kind of justice you get depends a lot on your determination to pursue it. It would be better if the people who are suppose to be on your side such as elected representatives are helping you - you see that in Belgium, Hong Kong and Taiwan. Banks are not going to feel guilty and compensate you even if they are wrong, they will fight you all the way. You can go through the process of filing complaints like the govt ask you to but you'll soon find yourself at the end of the road alone with the other victims. The idea is if you give up and become silent, the problem is solved in the eyes of the govt. They will just move on and leave this group of people behind just like they did many others. Moving on is an art our govt has mastered and silence is sin that Singaporeans often commit.
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