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The lady (leftmost) in this photo is very careless. She has fallen asleep but she was sitting with her legs spread wide. I wondered if she realized that certain perverts goes through much pain to get up-skirt videos or photos and here she is providing it for free. Had the person two seats away not been a lady, she would have enjoyed the view very much. Anyway, the lady still enjoyed the view. Apparently, she was chuckling away with her boyfriend, and from what I saw in the reflection, she was obviously discussing what was across from them. Her boyfriend, who was seated right next to me, had the papers up in front of him to block the view – either because he was embarrassed as he is a really decent guy, or he is just putting up an act. And fortunately, the pole in the center of this section of the train was blocking my view. I am quite sure I couldn’t resist the temptation to stare if it was just right in front of me. And I also won’t be taking the photo nor blogging about it. Outrage of modesty is not a small matter and just which toot will put evidence of his crimes online for all to see? Either way, Watsons at Jurong Point definitely won’t be selling me an extra bottle of Eye-Mo and earning money from me today. |
Author: Grievous
2008 Financial Crisis
Bear Stearns, Fannie Mae, Freddie Mac, Merrill Lynch, Lehman Brothers, AIG… and coming up next – Morgan Stanley.
We are in one hell of a big financial mess and it appears nothing is safe from it. And what can we do about it? Nothing, abso-fxxking-lutely nothing.
Since there’s no use worrying, let’s have a laugh!
AIA: Damage Control
Working in a bank has certain privileges and one of them including getting access to financial news before the others. I heard about problems with AIG on Monday morning, along with Merill Lynch getting sold to the Bank of America (with Temasek Holdings allegedly making some US$5 a share or so on paper value from that) and Lehman Brothers filing for bankruptcy.
Sadly, while I have such news about the turmoils in the financial market, the shortcoming is that I become completely blind as far as local news is concerned. I didn’t know there was a long queue of concerned policy owners down at AIA branches today even though I am pondering if I should start liquidating some of my investment plans to save whatever that’s left of my investments.
When I reached home today, I found this in my mailbox from my agent – an attempt to do some damage control to the situation.
Dear policy holder,
AIA assures all policyholders that it is able to meet all the obligations to policyholders. We would like to refer you to three articles published today in The Straits Times, Business Times and Lianhe Zaobao.
Quoted from The Straits Times
“When Contacted, the Monetary Authority of Singapore said yesterday that AIA Singapore is required under the Insurance Act and Regulations to maintain sufficient financial resources to meet all its liabilities to policyholders at all times. AIA currently meets these regulatory requirements. MAS will continue to monitor the financial position of AIA”
Quoted from The Business Times
” In Singapore, BT understands that AIA , as with other insurers here, maintains separate insurance funds for policies. Any sub-prime losses that may be borne by AIG at the group level are understood to have no impact on Singapore policyholders.”
While it is all good that the MAS has assured us that our investments are safe, and in spite of the fact that I worked in a bank, I wondered if that the MAS has real time monitoring over AIA financial status to be sure that AIA could pay up if they are required to liquidate their assets to pay us all. The reason of my concern is that in spite of MAS stringent requirements, Mitsui Oil (Asia) Pte. Ltd still managed to lose $81 million when a 35-year-old trader had falsified data since spring to cover up the losses.
Being complete clueless as to how these regulatory requirements are enforced, I wondered if MAS has now already moving in to audit AIA Singapore. Otherwise, with what can we be assured that everything will be alright? Thus I am two-minded as to what I should do about my policies. On one hand, I felt that if I start cashing out, then it would make AIA’s collapse a self-fulfilling prophecy, since when enough people withdraw their money, then it is possible that AIA would suffer some cash-flow issues. On the other hand, I am unwilling to risk what I have remaining in there, with the possibility of losing even more and even all of my money in these investments.
I think all I can do now is pray to God that the MAS’ assurance will be good.
Included: * Newspaper cutting from Zaobao
Glory to our Paralympic Athletes
Our Paralympic Athletes have done our country proud. Without much fuss over the issue of monetary awards and their nationality, these unsung heroines have won our country 1 gold, 1 silver, and 2 brone medals. And that trumped our able-bodied athletes’ pathetic one silver medal.
Here’s the record:
- Laurentia Tan: 2 bronze in the equestrian events; and
- Yip Pin Xiu: 1 silver and 1 gold 50m swimming freestyle and backstroke respectively.
Also, Yip hold the world record for both the swimming events – 57.04s for 50m freestyle and 57.92s for 50m backstroke respectively.
Let us congratulate these daughters of Singapore for doing us all proud… even prouder than our Summer Olympic team ever could. It certainly showed the world that we Singaporeans are made of sterner stuff and not everyone of us are a bunch of whiners!
Liverpool 2 – 1 ManUre
Liverpool 2 – 1 ManUre
I am no fan of Liverpool, but any day ManUre losses, is a good day!
I was so sad when Tevez scored after 3 minutes. But as the commentator said, “… started so well, but end up in ruins.” How that sounded like music to my ears!
Well done, Wes Brown, for your own goal – you forgot you aren’t bought by Liverpool? And well done, Babel. That was a really nice volley right to the top of the net!
In short… well done, Liverpool!!
And what a nice picture to see where ManUre is now… nowhere near the top 4? Let’s how enough shits happen to them to keep them off the top 4 for good.
