TR EMERITUS

By Dato from Malaysiakini I refer to the letter 'Singapore not as bad as portrayed'. It looks like the writer is certainly a Singaporean and needs, like all people of every country, to protect their nation's image. Granted what he says about every country not being perfect, but he should not, like the better or rather more affluent... 

From the Newsroom Team In a stunning development of the ongoing PothePanda (Gary Tan) case, Gary's medical report from IMH in 2006 confirmed that he has "no mental illness." (read Chia Ti Lik's account here) On 3rd June, DPP John Loo had instructions to apply for Gary to be remanded in the IMH for 3 weeks on the basis that... 

本金退六成 事主再分抵押品四成 2009年7月10日   【香港明報專訊】雷曼迷你債券16家分銷銀行與證監會一度膠覑的和解談判，出現新發展。消息人士透露，證監會已根據早前中銀香港(2388) (Hong Kong Securities) 的六成回購方案(簡稱「中銀方案」)為基礎，向銀行界提出反建議，要求銀行在投資本金的六成之上，再把日後收回抵押品剩餘價值的40％，也歸還客戶所有。 按此計算，大部分迷債持有人可取回近90％的本金，這批迷債以金額計已佔總數逾八成。而分銷銀行須承擔的損失將高於「中銀方案」，對於如何回應證監方案，銀行未有任何共識。證監對有關消息不予置評。 自分銷銀行上月底主動與證監會談判以來，雙方一直就「中銀方案」——以本金六成回購，65歲以上長者獲七成回購的建議，討價還價。證監會認為回購價太低，又指部分抵押品剩餘價值高過六成；銀行則認為證監假設的抵押品價值過高。 證監對方案不置評 惟...