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Citigroup failed US Fed’s stress tests

Citigroup failed US Fed’s stress tests

4 US financial institutions, including Citigroup, have failed stress tests designed to show they could withstand a financial shock. The Federal Reserve said Citi, SunTrust, Ally Financial and MetLife failed to show they have enough capital to survive another serious downturn [Link]. Citigroup is the third-largest US bank. The... 

“Younger S’poreans should not be burdened with taxes” and “only about 50% of S’poreans pay taxes”

“Younger S’poreans should not be burdened with taxes” and “only about 50% of S’poreans pay taxes”

Minister K Shanmugam has said that the Government does not want younger Singaporeans to be saddled with tax burdens, even as it ensures that the elderly are taken care of and no one is left behind. When I read the above, I could only chuckle and then sigh. I had juz posted my very mixed tots about Mohammad Charlie Jasni who... 

What Singaporean minorities went through for the last 50 years

What Singaporean minorities went through for the last 50 years

Singaporeans of all races serving NS together I am a minority Singaporean, who migrated out of Singapore a number of years ago due to the unfair treatments that I faced in the labour market. I was always amongst the top 10% achievers in academics since primary school to graduate school. I have been rated amongst the top employers... 



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