DBS is guilty of mis-selling structured products in HongKong

likedatosocan SG

Hi Katherine,

would it be unfair to say that Majority Singaporeans do not Voice Up? And do not usually Voice Up for the those facing hardship like hikes?

If not unfair to say that, then do these investors now complaining deserve someone to Voice Up for them?

I like the whole country to think about Community Spirit and not just only for yourself like when you lose your money then only you voice up. We need a national level education to wake up all singaporeans to teach them that there should be a Mature Culture of Speaking Up on ALL Social issues affecting not just one person but ALL the middleclass and lower class singaporeans.

When they need someone to Voice Up for them, were they not grateful that Mr Tan was there FREE of Charge for them?

Singaporeans, Please wake up for your own salvation.

Regards,

Kanga grass boot lee der

be_my_lady SG

Well, you are right but I think it is the environment that is import too. People here are being threatened with imprisonment if they dare to gather outside without a permit.

In most foreign counties, they do not require a permit.

be_my_lady SG

Till today, i got no answer from geodome...is the gathering at DBS still carry on...

I have learnt that police here has issue a warnning...

Police urge public to air grievances in lawful manner
By Margaret Perry, Channel NewsAsia | Posted: 14 October 2008 0118 hrs

Photos 1 of 1
Some 100 people turn up at the Speakers' Corner to hear a debate on the public transport system

SINGAPORE: Singapore police have advised the public to air their grievances in a lawful manner such as at Speakers' Corner or to apply for an assembly permit if they want to use an indoor venue.

In a statement, police reminded the public that a demonstration in a public place without prior approval from the authorities may be deemed to be an illegal assembly.

The police advisory was in response to media queries following a DBS statement on Monday about its High Notes 5 and Constellation Series restructured products.

Over the weekend, hundreds turned up at the Speakers' Corner at Hong Lim Park to voice their concerns over the current financial turmoil. - CNA/de

likedatosocan SG

I thought one guys said 'liberalise'?

Chi's story again made headlines.

Such a story can tell the people to be reminded to not speak like Chi.

What a timing. pure coincidence. i must say.

chi's stories are incredibly real.

angel7030 SG

Till today, i got no answer from geodome...is the gathering at DBS still carry on...

I have learnt that police here has issue a warnning...

Er, Madame, geodome under interview by ISD.

geodome SG

Hi. For some reason, I was unable to login to my account and I somehow managed to re-activate it. Be_my_lady, check your inbox!

For me,it is extremely stupid to continue to keep your money in the very same bank that you had perceived to cheat you, your friends and/or your family.

Withdrawing your funds from DBS/POSB may even get you a better deal elsewhere in Singapore. For example, Maybank charges 0.5% interest higher for their current accounts.

So why not turn go to DBS Shenton Way tomorrow 10am to withdraw your money and close down your DBS/POSB bank account?

Because your relationship with the bank is creditor-debtor, it is not illegal at all to withdraw your money. We don´t have to protest against DBS and MAS in the form of sit-in.We can protest in spirit by taking back our monies which have not been lost!

Withdrawing your money and closing down your DBS bank account is not illegal. Yet at the same time, this act can exert as much as pressure (if not more) on DBS than the Sit-In. Conversely, a Sit-In is illegal. So have any of you made up your mind what the smartest thing to do is?

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