Citigroup’s shares rallied last week, on the back of CEO Vikram Pandit’s “leaked memo” reassurring his troops that “we are profitable through the first two months of 2009 and are having our best quarter-to-date performance since the third quarter of 2007”. Shares of the financial services provider have been under constant pressure since its bailout… Read More »
Whoever said one good turn deserves another probably hasn’t been to Singapore. Apparently an Aussie by the name of Filip Lou did the unthinkable by diving into the Singapore River to save a woman who attempted suicide after a break-up with her boyfriend. In the process, Lou got injured and both hero and damsel-in-distress were… Read More »
Mile high clubbers can now engage in their amorous activity without the risk of being caught with their pants/skirt down: phone sex on board Ryanair planes. Michael O’Leary, Ryanair’s boss, apparently thinks nothing is wrong with offering mobile phone service on board: “You don’t take a flight to contemplate your life in silence. Our services… Read More »
“People who take credit in good times and blame external forces in bad times do not deserve to lead.” ~ Management guru, Jim Collins When times are good, the elite PAP ministers with helicopter vision in Singapore claim they can see further, analyse deeper than lesser mortals, so they should be paid an outrageous amount… Read More »
First, Singaporeans are labelled quitters and whiners. Now, it appears that the majority of us are lesser mortals. “Maybe it made lesser mortals envious and they thought maybe he was a bit boastful. Would people have taken offence if his wife (a senior investment counsellor at a bank) had paid for everything?” ~ PAP MP… Read More »
Only in the overpaid Singapore civil service do we have an immediate superior (Peter Ho) eat humble pie on behalf of his subordinate (Tan Yong Soon) for blowing taxpayers’ money on a personal extravagance and further rubbed salt into the wound by highlighting that he could have shirked work longer than five weeks if he… Read More »