Learn To Protect Your Own Money, Banks Are Not To Be Trusted

I believe most Singaporeans would have read about the Singaporeans who held DBS investment policies in Lehman Brothers will most probably never get their capital back.  The irony is, DBS HK had been the first to act and the Hong Kongers are lucky to get their money back, and also, they have responsible people managing [...]

Filed under: Money & Me


Fed’s 80% stake for a $85 billion loan to AIG

The shining white knight finally appears. And it is Federal Reserve.
American International Group, Inc. (AIG), is the World’s leading international insurance organization with operations in more than 130 countries and jurisdictions.  If something like this were to file for bankruptcy, it would have meant trouble, and a possible market crash seems imminent. 
I had thought AIG [...]

Filed under: Money & Me


Wall Street Crash? Financial Companies In Trouble

The news of Lehman Brothers filing for bankruptcy, Merrill Lynch bought, AIG in crisis, shocked many from all parts of the world. WIth all these negative news surrounding us, we as small investors, are unable to do much. I would suggest taking a seat back, relook at your portfolio and instead of lamenting, try to [...]

Filed under: Money & Me