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Friday, October 17, 2008

Financial Earthquake

looking at how things unfold in e finance sector recently, i realli think it'll be perfect case study materials a decade later.. =D

waiting to see how DBS plans to end the Minibonds saga..
din realli liked e bank esp since my debit card encounter w them ard a yr ago.. n thing is, aft i submitted a formal complaint early this yr, i haven get a reply from them!!!
now i must admit im in a watch-show mode..

this ought to serve as a good warning to e investors out there.. structured products are certainly not as good as they seem.. high risk, low returns.. why wld one like to invest his/her money in such instruments??

on e overview, im still optimistic that things will be better at e end of e day...
this is not WWII and the world leaders know that e stakes will be too high if they let e world economy to fail so they will definitely do something..
let's just wait n see..