Singapore Govt to bailout Casino......with our CPF money?

last SG · 2008-11-11T12:48:03+00:00

They must have heard that silliporeans are suckers (for them to abandon Macau) and their sillipore operations will make them rich once again because the des...

likedatosocan SG

http://money.cnn.com/2008/11/06/news/companies/lasvegas_sands.ap/index.htm

Who will Bail LVS out??????????????

without sufficient information I fear it would be hard to even question....

AndrewPKYap SG

i am cursing for your book not to be published.... is it working?

wow, I am so scared, cursed by a delusional liar....

Emoticons

reyes SG

forget it

i will not engage in a political debate.

there is always 2 sides of a coin. you can see it the positive or the negative way.

what done is done, wad important now is recovery action.(that is if needed)

thats all for my contribution in this thread

you here for what if not for politics? BGR go other forums.

your mentality is typical of PAP, when something go wrong :" Let move forward".

What is forward when we dont even look back at how we get here in the first place? here means shithole!!

reyes SG

actually i also don't understanding....

when the claim that our CPF money is moved.... does it mean that we don't get our CPF money???

I have never personally met anyone not receiving their CPF when it is due....

remember how they extend your CPF withdrawl age, again and again? Sure they will give it to you if u can outlive their due or "them"

youyayu SG

omg.. fucking government

maurizio13 SG

Very soon the life expectancy of Singaporeans will be 100+.

Those without CPF accounts, life expectancy will be 60-70, only those with CPF accounts have longevity genes mandated by god.

Chin Eng SG

wow, I am so scared, cursed by a delusional liar....

Emoticons

you are as afraid as LKY being cursed by you.

Chin Eng SG

remember how they extend your CPF withdrawl age, again and again? Sure they will give it to you if u can outlive their due or "them"

how many folks did not outlive their due?

assuming you croak before your withdrawal age, do the garmen kapoh your money or do they go to your dependents?

CUM ON MY FACE SG

By Chen Shiyin | 2008-11-11 |

SINGAPORE'S government may form a venture with CapitaLand Ltd to take over one of the island's two casino resorts if Las Vegas Sands Corp fails to stave off loan defaults, CIMB-GK Research Pte has said.

Las Vegas Sands, the gaming company that said last week it may default on debt and face bankruptcy, reiterated last Saturday that it's committed to the US$4 billion Singapore resort.

The company has drawn down at least S$2 billion (US$1.3 billion) from a S$5-billion credit facility by several banks for the project.

"If Las Vegas Sands cannot cough up its share of equity, the Singapore government is likely to step in," Donald Chua, a Singapore-based analyst at CIMB-GK, wrote in a report yesterday. "A viable option could be a 49:51 joint venture between the government and CapitaLand, with CapitaLand taking a controlling stake in the project."

http://www.shanghaidaily.com/article/shdaily_sing.asp?id=380129&type=Business&page=0

Even people in Shanghai noticed this funny policy change......

Govt says no subsidized healthcare, transport.......no subsidy mentality allowed.

But govt willing to bailout American angmo Casino........What a laughing stock.....

Your CPF money goes to pay for gambling operations and high bonuses for angmo executives........ You still keep quiet? You agree with this policy?

You still believe our leaders are right ?

S'porean: How about putting your citizens first and subsidizing the healthcare and transport in this time of crisis?

MM: Uh, subsidize sillyporeans? How about refreshing your memory about my speech on "losers"?

S'porean: I don't see how pouring money into the IR can improve the quality of life for the man-on-the-street.

MM: Dud, it's an American casino. Americans are our allies! And it's Angmo-owned. Angmos we must kowtow to! And it's a casino. This is a playground for the elites! Now go back to work, and suck on it.

Poh Ah Pak SG

FUCKING BASTARD.

angel7030 SG

FUCKING BASTARD.

Wha Lau, so serious, got F and B also,..like this how to win??

AndrewPKYap SG

you are as afraid as LKY being cursed by you.

You are on another delusional trip again.... of course, and that is why I said when massive numbers of people, as massive as the amount of public money he takes for himself, his family and cronies, curse him and his grandchildren.... hahahahaha.... delusional liar.

Emoticons

Poh Ah Pak SG

http://seijieiga.blogspot.com/

maxtor SG

http://seijieiga.blogspot.com/

i've changed my wallpaper to this one liao ....

Dr Who SG

Now they want to borrow from the Chinese :

Las Vegas Sands secures US$2b capital funding, remains committed to S'pore project
By Wong Siew Ying, Channel NewsAsia | Posted: 11 November 2008 1349 hrs

SINGAPORE: Las Vegas Sands said Tuesday it has secured over US$2 billion in capital funding commitments to avoid violating loan agreements.

President and Chief Operating Officer William Weidner said in a conference call that Sands expects to close the transaction by the end of the week.

He continued to say that however, there will be some changes to Sands' overseas resort developments.

It will stop construction work at two sites in Macau's Cotai Strip pending project financing arrangements.

Mr Weidner said Sands hopes to have an agreement with a major Chinese bank within the next three to six months.

angel7030 SG

Now they want to borrow from the Chinese :

Las Vegas Sands secures US$2b capital funding, remains committed to S'pore project
By Wong Siew Ying, Channel NewsAsia | Posted: 11 November 2008 1349 hrs

Finally, Angmo kowtow to chinese...yeah!

Fantagf SG

TS, forget about the sinkaporeans. Even if their homes are taken from them by the ruling party they will still not do anything, the most they sleep on the roadside, public places. They are the ones that allow no political change in Sinkapore.

If the old senile dictator is going to use our CPF money for this, many of the people who are already pissed off by them will curse and swear at this evil. The old senile man should just give up on this project and move on.

Fantagf SG

Wha Lau, so serious, got F and B also,..like this how to win??

why sound so surprise, I believe you have been reading posts on forums to forums, these words are commonly used. kay cheng keng!

SPLIT SECOND SG

Gambling is a lucrative industry. One wrong move and u are a goner. It is the same for the company as well

Pentaxdude90 SG

Well said Fantagf.

Sigh.. How nice to plunder free cash from the hard earned savings of your own people.

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