Spend on Citibank or Hospital bill?
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Singapore buys shares in Citibank.......how many billions $$$ ?
But cannot provide cheaper hospital bill......
We save the foreign bank.........we cannot/dunwant save our own sick people.....
WELCOME TO SINGAPORE!
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now then you know...
first time come to s'pore -
why care about a government that doesn't take care of its own people and PLP everywhere? not scared tio bite back on both sides.
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you are wrong... they care for FTs especially those from China and IndiaOriginally posted by ^tamago^:why care about a government that doesn't take care of its own people and PLP everywhere? not scared tio bite back on both sides. -
On a superficial level, I agree with Singapore's decision to invest in Citibank. or as some people put it, bail citibank out.
It seems like a good investment decision.
It's very poor proof of the States's disregard for our healthcare costs. -
to call it poor proof is elevating it's status.
there is no connectivity between our healthcare and the recent investments. -
I think what TS is trying to say is that the profit of govt is 1st priority to singaporean misery life. Singaporeans can die for all they care, as long as profit are available. Which is so unbeing of a govt.
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... government? What government?Originally posted by extrinsic:I think what TS is trying to say is that the profit of govt is 1st priority to singaporean misery life. Singaporeans can die for all they care, as long as profit are available. Which is so unbeing of a govt.
.. this place is run by a bunch of businessmen... -
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should the government concern for its people health care or concern for other countries' banks problems?
get the priority right, please, ministars (but earn more than superstars) -
wat happens when the FT's take up SC?Originally posted by Seven_Dragon:you are wrong... they care for FTs especially those from China and India -
it is private offering of convertible preferred securities
1.today ST front page reports this time is perpetual converitble security at 7 % dividend pa.
...Convertible Preferred Securities
Convertible preferred securities enjoy a fixed rate of coupon payment until they are converted to shares.
Unlike common stocks or mandatory convertible securities, their downside risk is more limited. GICÂ’s recent announced investment in UBS involves mandatory convertible securities. It cannot be directly compared with the Citigroup investment. Please refer to the attachment for the terms of the securities in the Citigroup investment.
GIC can holds it as long as it like.
If GIC choose to convert into shares,GIC will pay premium of 20%
over the next few trading days.
2.Shall we consider sell off all assets of S$300 billion and have few years of tax break?
In this way,Sing $$ will worth not more than the paper. -
It took them 8 ....yes sir.....only 8 days to decide to save Citibank.
As for the hospitalisation bill of our citizens....they are still calculating the figures........
How much they care for their own citizens! -
As above. S$ more important than hospital bill. We didn't get it wrong.Originally posted by lionnoisy:2.Shall we consider sell off all assets of S$300 billion and have few years of tax break?
In this way,Sing $$ will worth not more than the paper. -
Originally posted by lionnoisy:
Are you sure $300 billion will only get a few years of tax break?
[b]it is private offering of convertible preferred securities
1.today ST front page reports this time is perpetual converitble security at 7 % dividend pa.
GIC can holds it as long as it like.
If GIC choose to convert into shares,GIC will pay premium of 20%
over the next few trading days.
2.Shall we consider sell off all assets of S$300 billion and have few years of tax break?
In this way,Sing $$ will worth not more than the paper.[/b]
Tsk tsk tsk, never do research on our total tax revenue. -
u tink i care ah.
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You think I think what you think I care ah?Originally posted by Hello Kitty:u tink i care ah. -
Anyone know how much it costs to go for cancer theraphy in siongapore?
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u dr, u ask us.
a single jab can set u bk by more than 500 le. -
I donno ley.....
I mad Dr.....
....................siowcology -
Yeah lor, the money shall go more to hospitals.
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it should be a good investment if thinking for long term. i think sgp got around 100B US$ foreign deposit, should have enough money...
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More should help the poor! not takeover! what's the use of having so much money to save bank when own people need the money urgently.
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Welcome to Singapore Pte Ltd.Originally posted by HyperFocal:... government? What government?
.. this place is run by a bunch of businessmen... -
agree. but how does the investment even benefit the population. can't even tell now if the investment pays. it's going to take another 60 man years.Originally posted by phil30k:On a superficial level, I agree with Singapore's decision to invest in Citibank. or as some people put it, bail citibank out.
It seems like a good investment decision.
It's very poor proof of the States's disregard for our healthcare costs.