Why high ministerial salaries will eventutally ruin Singapore #sgpresident #sgpolitics #sgelections #sgelection

Why are banks going down under so quickly? Greed, in the form of high salaries and high bonuses. Paying the top management a ransom is easy, but finding the money to pay is not. The money must come from somewhere. What business in banking can generate that kind of income to sustain the big pay checks and the big bonuses? Gambling and high risk pursuits, trading and selling dangerous products, encouraging clients to gamble and take risk. The banks have no choice. Every monkey wants to be paid in golden peanuts. The good old days of slow and steady growth, with decent pay cheques are seen as backward and unprogressive, unproductive. The banks are only doing well if they can perform better than the market. That means if one bank or more banks are doing better or betterer, the market indicators will go up. And banks that failed to keep up are seen as failures. Even insurance a...

Full article: http://mysingaporenews.blogspot.com/2011/09/high-salary-i...

Tweets

A new economic model is needed #sgelection #sgelections #sgpolitics #sgpresident

A new economic model is needed #sgelection #sge...

yawningbread.wordpress.com 17 Dec '11, 8am

The irony is, Singpore richest people are getting wealthier, including our top civil servants. Imagine, 11 per cent of our...

Will Republican high stakes gamble kill the Key...

switchboard.nrdc.org 17 Dec '11, 5am

In a huge overreach, Senate Republicans insisted yesterday that a provision that would require the President to make a dec...

Isn't it annoying to have your laptop heating up after using it for a long time? Purchase this high performance...

Isn't it annoying to have your laptop heating u...

deal.com.sg 17 Dec '11, 10pm

Highlights 41% off High Performance Laptop Cooling Pad at Addge Only $13.45 instead of $22.90 Product Features: High Perfo...

(CNA|sg) British High Commissioner explains UK's eurozone stance

(CNA|sg) British High Commissioner explains UK'...

channelnewsasia.com 14 Dec '11, 3pm

SINGAPORE: In a rare move, the UK government has deployed diplomats in Asia to publicly explain that Britain has not ostra...

Dissatisfied with TM UniFi High-Speed Broadband...

blog.limkitsiang.com 16 Dec '11, 2am

I am a TM UniFi High-Speed Broadband VIP5 package subscriber since March 2011. As I am staying at a high-rise building, th...

Salary outlook for next 12 months remains posit...

channelnewsasia.com 13 Dec '11, 2am

SINGAPORE: Despite the subdued economy, salary outlook for the next 12 months remains positive, said a global management c...

New season Burberry mens check high top trainer

branded.net 16 Dec '11, 12am

Burberry mens check high top trainer style number 3732665 finished in house check fabric with smooth brown leather trim. D...

Search Retargeting: Delivering Bargains For Search Marketers In High CPC Verticals

Search Retargeting: Delivering Bargains For Sea...

searchengineland.com 14 Dec '11, 4pm

Start High. Not sure where to begin? Start with your verticals that have the highest CPCs. Doing so will provide you with ...

RIP Mdm Teresa Hsu..14 Dec 11 #sgelection #sgelections #singapore #sgpresident #sgdailynews #sgpolitics

RIP Mdm Teresa Hsu..14 Dec 11 #sgelection #sgel...

singaporedaily.net 14 Dec '11, 3am

R.I.P Madam Teresa Hsu (Photo Credit: 学海无涯 ) - Asiaone: S’pore’s ‘Mother Teresa’ died at home - New Nation: Obituary: Tere...