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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.
got so good ar? make money keep. lose money ask to take money back. lol
I think I shall go buy 4d big big.. Tio liao I claim. Never tio ask Singapore Pool to pay me back. :D
Those branch of idiots!
Are you guys stupid or what? Most of the ppl who bought the minibonds thought they were INVESTING in the equivalent of a FIXED DEPOSIT or that of a normal CORPORATE BOND. Thats what they were told by the banks. And now the truth has surfaced, the Banks are pushing the responsibility back to the customers? What Shame!