The rich get richer
The report by Wealth-X and UBS said that 50 Ultra-High Net Worth (UHNW) people in Singapore made it to the ranks of the super rich after property prices kept rising, rising, and rising last year. The Wealth-X mission statement: Provide our members with intelligence that allows them to acquire new relationships, expand existing...
Performance-related pay: Not applicable to CEOs and minsters
People are paying millions but are getting monkeys. The financial industry especially investment banking and broking gets a bad name because of the outlandish bonuses for the rainmakers or the swinging big dicks i.e. top traders and salesmen. But it’s abt income generated whether thru fees, commissions or trading profits....
MediShield Life – What affordability?
The unthinking Sinkies are behaving like sheep without a mind of their own. The agenda has been set and all are dutifully following the cue to talk about affordability. They have forgotten that affordability is worse than a four letter word when misused or abused. What is affordable to a king is not affordable to a pauper. So...
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