Back

Latest Posts By pharoah88 - Supreme

About pharoah88

First < Newer 9461-9480 of 13894 Older> Last

18-Jul-2010 17:47

SMRT / SMRT

Go to Message

x 0

x 1

We mIssed the mOst impOrtant prOspects.

Just HEARD at the Market this mOrnIng . . . .

NEXT : After the Bicycle Tracks are COMPLETED and Fully Utilized . . . .

When every household person owns a Bicycle . . . .

ERP for Bicycles will be Effected ?

NEXT NEXT: After the Jogging Paths round sIngapore is COMPLETED and Fully Utilized . . . .

When every household adult is Jogging . . . .

ERP for Joggers will be Effected ?

NEXT NEXT NEXT:

When there is nOthIng Else to ERP . . . .

ERP for Pedestrians will be Effected ?

niuyear ( Date: 16-Jul-2010 12:57) Posted:

Our government can make more money from FINES!! BRAVO

sooner or later, they will impose FINES on those disobidient cyclists., illegal parking of bikes, illegal whatever, relating to Bikes!!!

More jobs will be created , i.e. Bicycles attendants to issue FINES to cyclists, insurance coverage will include death or injuries rusult out of bike related

accidents, more bikes sales and maintenenace shops...

Good Post Bad Post

17-Jul-2010 13:57

Others / DOW & STI

Go to Message

x 0

China pares US debt holdings

WASHINGTON

The cash-rich Chinese government reduced its US Treasury bond holdings to US$867.7 billion ($1.2 trillion) from US$900.2 billion in April, the Treasury said in a report on international capital flows.

China, the world’s largest holder of foreign-exchange reserves, had raised its holdings in the prior two months from a 2010 low of US$877.5 billion in February.

Still, China remained far ahead as the top foreign debt holder, followed by Japan, which also pared its holdings, to US$786.7 billion from US$795.5 billion in April. Britain increased its holdings to US$350.0 billion from US$321.2 billion in April.

Overall, net Treasury international capital (TIC) flows fell 57 per cent to US$35.4 billion in May, the data showed, suggesting easing concerns about the European debt crisis.

“The May TIC data along with the latest US trade results point to less upward pressure on the greenback, which is good news for American exporters,” said Tu Packard at Moody’s Economy.com.

“However, the outlook can change on a dime during this period of transition and considerable uncertainty. The sovereign-debt crisis in Europe still simmers, and the Fed has revised down its 2010 growth forecast.”

The Federal Reserve on Wednesday lowered its 2010 growth forecast for the world’s largest economy, to 3.0 to 3.5 per cent, from the 3.2 to 3.7 per cent range predicted just months ago.

In March, net TIC flows hit a record US$141.4 billion as investors around the world pulled capital from the euro zone on concerns that bloc member Greece was on the brink of a sovereign-debt default.

— China’s holdings of US government debt dropped for the first time in three months in May, official data showed on Friday.AFP

Good Post Bad Post

17-Jul-2010 13:13

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

3 5 0 0

pharoah88 ( Date: 17-Jul-2010 13:11) Posted:

Kevin Scully, executive chairman of NRA Capital, made the following post yesterday on his blog at www.nracapital.com

I have been interviewed on CNA many times over the last 10-11 years. This morning my interview on Prime Time Morning with Suzanne Jung was "cut off" twice.....according to Suzanne they had lost me twice......maybe my views were too bullish!!!

Let me briefly summarise what I wanted to say this morning:

Good Post Bad Post

17-Jul-2010 13:11

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

Good Post Bad Post

17-Jul-2010 13:04

Oceanus / Oceanus

Go to Message

x 0

Good Post Bad Post

17-Jul-2010 13:02

Oceanus / Oceanus

Go to Message

x 0

FARMING LOBSTERS has always been challenging, but Oceanus’ Aussie aquaculture technology partner recently broke new ground in achieving commercial viability for its lobster species.

Just as the abalone is a prized delicacy in Asia, so is the lobster is a prized delicacy in Europe and North America.

However, high demand plus the absence of aquaculture has led to all of the world’s wild lobster fisheries being either fully exploited or in decline.

Yesterday afternoon, Oceanus, the world's largest land-based abalone farm operator, inked a deal with Lobster Harvest to jointly farm slipper lobsters, for which the leading Aussie lobster aquaculture technology company has successfully propagated at commercially viable survival rates.

The current supply of slipper lobsters (commonly known as crayfish in Singapore) are frequently stale because it is harvested together with fish even though crustacean deterioration is much more rapid.

Good Post Bad Post

16-Jul-2010 16:26

SMRT / SMRT

Go to Message

x 0

Aretha Franlin's CHAIN OF FOOLS

TV VIDEO

http://www.youtube.com/watch?v=8ffl3KxY3g4&feature=related

recommended by ViRGiN's CEO

pharoah88 ( Date: 16-Jul-2010 16:21) Posted:

Aretha Franklin's CHAIN OF FOOLS

Chain, chain, chain, chain, chain, chain
Chain, chain, chain, chain of fools
Five long years I thought you were my man
But I found out I'm just a link in your chain
You got me where you want me
I ain't nothing but your fool
You treated me mean oh you treated me cruel
Chain, chain, chain, chain of fools

Every chain has got a weak link
I might be weak child, but I'll give you strength
You told me to leave you alone
My father said come on home
My doctor said take it easy
Whole bunch of lovin is much too strong
I'm added to your chain, chain, chain
Chain, chain, chain, chain,
Chain, chain of fools

One of these mornings the chain is gonna break
But up until then, yeah, I'm gonna take all I can take
Chain, chain, chain, chain, chain, chain
Chain, chain, chain, chain of fools

http://www.lyrics007.com/Aretha%20Franklin%20Lyrics/Chain%20Of%20Fools%20Lyrics.html

Good Post Bad Post

16-Jul-2010 16:21

SMRT / SMRT

Go to Message

x 0

Good Post Bad Post

16-Jul-2010 16:16

Genting Sing / GenSp starts to move up again

Go to Message

x 0

A MALE ONLY MERMAiD POOL SPA CASiNO will be even BETTER

A FEMALE ONLY MERMAN POOL SPA CASiNO as WELL

Good Post Bad Post

16-Jul-2010 16:15

Others / RWS Casino

Go to Message

x 0

A MALE ONLY MERMAiD POOL SPA CASiNO will be even BETTER

A FEMALE ONLY MERMAN POOL SPA CASiNO as WELL

Good Post Bad Post

16-Jul-2010 16:09

Others / DOW & STI

Go to Message

x 0

FiNANCIAL REFORM: Long on pages, may fall short on goals

Critics see gaps, unintended consquences from new law

by John W. Schoen Senior Producer

Billed as the most sweeping financial reform since the 1930s, Congress has sent President Barack Obama a massive 2,300-page bill intended to prevent a repeat of the 2008 financial crisis.

Yet even before it becomes law, critics are warning that key provisions of the measure may fall short of what they were supposed to accomplish.

“I would say that nothing in this bill would have prevented the previous crisis — the one we are working our way through right now,” said William Isaac, former chairman of the Federal Deposit Insurance Corp. "And it clearly won't prevent the next crisis."

The law sets broad guidelines for the existing patchwork of regulators — including the Federal Reserve, Securities and Exchange Commission and Commodity Futures Trading Commission — and establishes bodies to oversee consumer protection and monitor “systemic risk.”

Those regulators have been tasked with writing the Specific Rules of the road governing Limits on Risk-Taking by financial firms and previously Unregulated Trading. Other provisions are supposed to make it easier to Liquidate Large institutions that pose a risk to broader financial system. A new consumer protection bureau is supposed to guard against Lending Abuses.

But it will take years before the impact of the law is known. That’s because most of the specific regulations have yet to be written.

“The devil is in the details: There are a lot of unanswered question that were thrown to regulators," said Jay Brown, a professor of corporate and securities law at the University of Denver. “The reason it was thrown to regulators is because there are no answers. So for example: What’s too big to fail? Nobody knows the answer to that.”

The new law is being hailed as being “TOUGH on Wall Street.” But its passage is just the start of what is likely to be a hard-fought battle over the regulation of specific practices that nearly sank the global financial system.

"Unless your business model depends on cutting corners or bilking your customers, you have nothing to fear," Obama said after the vote. He said he will sign the bill next week.

By leaving so much to the discretion of existing regulators, the new law is “a boon to Wall Street lobbyists, who will now be working behind the scenes to influence the regulators,” according to John Taylor, president & CEO of the National Community Reinvestment Coalition.

“This is what happens when you allow the very industry that caused the problem to buy all the front-row seats at the bargaining table,” he said.

Other critics of the measure argue that REGULATORS — not regulations — were the MAJOR CAUSE of the financial meltdown.

The wave of predatory lending that sank the housing market, for example, could have been largely prevented if the Federal Reserve had enforced existing rules on mortgage lending, according to Cornelius Hurley, director of the Morin Center for Banking and Financial Law at Boston University.

“You can point the finger at one person who dropped the ball and that was ALAN GREENSPAN,” he said. “So the antidote to that is to ensure that an Alan Greenspan never happens again.”

Under the new law, banks and other financial institutions will be overseen by a council of regulators. That group will be charged with identifying the kinds of “systemic” risks that spun out of control in the collapse of Bear Stearns and Lehman Bros. in the financial panic of September 2008.

Cartoons
1. Wall Street reform
  Our cartoonists examine the federal government's attempt at financial reform.

But there’s little to be gained by entrusting that task to the same regulators who failed to spot the causes of the panic the first time, said Isaac, the former FDIC head.

“If a bank went to the regulators and said, ‘We’ve got a good idea: we’re going to put our lending officers in charge of risk management,’ that bank would be put out of its misery immediately,” said Isaac. “That’s what the government just did. It put the regulators in charge of assessing their own performance. It’s a very bad system.”

The new law also sets up different rules for big banks — those with more than $10 billion in assets — and the rest of the industry. That means a handful of banks will continue to enjoy “too big to fail” status – complete with an implicit government guarantee that lowers their borrowing costs and gives then a competitive edge, according to Hurley.

“It enshrines for the foreseeable future that there are two parts of the financial system,” he said. “There are the six largest banks, which account for about 60 percent of the financial system, and then there is everybody else, from regional banks down to credit unions. The top six get a subsidy in the form of lower borrowing costs. And everybody else pays for it.”

The new law is also supposed to protect consumers from predatory lending and excessive bank fees. Backers of the newly authorized Consumer Financial Protection Board argued that existing regulators can’t keep consumer interests foremost if they are also charged with protecting the “safety and soundness” of the financial system.

While the law creates a separate agency with a single consumer mandate, it remains beholden to those regulators, who retain the power to veto its regulations and enforcement actions. That setup, said Taylor, could seriously hamper the board’s effectiveness.

“That club of regulators is very insular, and usually in agreement,” he said. “They can kill serious reform, and the financial lobby remains much more influential with regulators than consumer advocates."

It’s also not clear how the industry will respond to tougher new consumer protections once they are written. Efforts to restrict one set of bank fees, for example, could simply shift those consumer costs to another form of revenues for banks. If fee restrictions make some customers unprofitable, they may see their accounts canceled, according to Richard Bove, a bank industry anlayst at Rochdale Securiteis.

“My guess is there will be at least 10 million people who lose their bank accounts in the United States over the next 12 months, and they will not get banking services,” he said. “Which means that they will have to use payday loans, they'll have to use Western Union payment services, they'll have to use a series of other methods of handling their banking because they won't be profitable for banks and the banks won't keep them.”

Under the new law, banks that face higher capital requirements — designed to provide a greater cushion against bad loans — will have less money to lend. That could make it more difficult for businesses to borrow while the economy is struggling to get back on its feet.

Tighter lending regulations will also make it harder to get a mortgage, according to Howard Glaser, a mortgage industry consultant who served the Department of Housing and Urban Development in the Clinton administration.

“Consumers will see ‘safer’ mortgages, but fewer of them will qualify,” he said. “They will have fewer choices of mortgage lenders as the concentration of mortgage lending by a few big banks accelerates.”

Good Post Bad Post

16-Jul-2010 15:39

Others / DOW & STI

Go to Message

x 0

Olive oil study questions 'extra virgin' claims

A University of California study shows that many of the olive oils sold in the United States are not the top-grade, extra-virgin oils that their labels proclaim

Good Post Bad Post

16-Jul-2010 14:38

Genting Sing / GenSp starts to move up again

Go to Message

x 0

WIN-WIN INNOVATION

FINANCIALLY REWARDING CAREER

HIGH PROFITABILITY BUSINESS

pharoah88 ( Date: 16-Jul-2010 14:34) Posted:

嫩牛吃老草

niuyear ( Date: 16-Jul-2010 12:26) Posted:

Why genting just give in to the request so simply? AFter that, old man and old ladies also wanna request another old man and old ladies club , never ends

Good Post Bad Post

16-Jul-2010 14:34

Genting Sing / GenSp starts to move up again

Go to Message

x 0

嫩牛吃老草

niuyear ( Date: 16-Jul-2010 12:26) Posted:

Why genting just give in to the request so simply? AFter that, old man and old ladies also wanna request another old man and old ladies club , never ends.

pharoah88 ( Date: 16-Jul-2010 12:14) Posted:

We want to feel happy gambling.

Some men you meet smoke and swear.

Mdm Kok gives the nod to RWS’ new Ladies Club

Good Post Bad Post

16-Jul-2010 14:31

Others / RWS Casino

Go to Message

x 0

嫩牛吃老草

Good Post Bad Post

16-Jul-2010 14:23

Others / RWS Casino

Go to Message

x 0

sUckling bUlls for Yellow Grasses ? ? ? ?

Good Post Bad Post

16-Jul-2010 14:02

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

Singapore also need to develop the other segments of the accountancy sector, such as business valuation, risk management and the development of CFOs.

Permanent Secretary for Finance Peter Ong

Good Post Bad Post

16-Jul-2010 13:59

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

x 1

Pro-tem council to drive

Accountancy sector

Among plans are establishment of

S’pore-branded professional qualification

Desmond Wong

desmondwong@mediacorp.com.sg

SINGAPORE

Among its plans are the establishment of a Singapore branded professional accountancy qualification, helping the industry here make a name for itself as a regional player and diversifying the industry’s capabilities.

The initiative was announced at an annual accountancy sector conference yesterday.

Permanent Secretary for Finance Peter Ong said: “Singapore also need to develop the other segments of the accountancy sector, such as business valuation, risk management and the development of CFOs ...

The Pro-Tem SAC will comprise other senior industry leaders from the public accountancy profession, the private and public sectors.”

The idea of having a council was mooted by the Committee to Develop the Accountancy Sector in May.

Among its other recommendations to the Government — the setting up of a research centre and raising the professional development of practitioners.

The pro-tem committee’s chairman, Mr Bobby Chin, expects them to be up and running within three months, with a full Singapore Accountancy Council ready to go within a year.

One of the first areas of priority will be the establishment of a post-graduate Singapore-based qualification for accountants to allow the local practice here to spread its wings overseas.

“Accounting standards have been developed on a global basis, but perhaps there is a lack of emphasis or consideration for the Asian [## nOt benchmared ? ##] aspect.

For instance, there are a lot of family-controlled companies in Asia, and the corporate governance concept [## Family Standard ? ##] might be different,” said Mr Chin.

With an Asia-centric qualification, the industry hopes to better bridge Western and Asian firms as they expand across the region.

The pro-tem SAC will also develop initiatives for an accountancy sector development fund, as well as a research centre.

It will also focus on growing specialisations in business valuation, internal audit, risk management and professional CFO development.

The Accounting and Corporate Regulatory Authority Singapore and the Singapore Exchange will have also been working on providing guidance to strengthen audit quality.

They highlight the need for an emphasis on quality, while advocating the adequate allocation of human resources.

The guidance also recommends that Audit Partners engage with corporates in the audit process while maintaining professional scepticism.— The Finance Ministry will set up a pro-tem Singapore Accountancy Council (SAC) to drive the development of the sector.

Good Post Bad Post

16-Jul-2010 13:27

SMRT / SMRT

Go to Message

x 0

x 1

SAM COOKE's CHAIN GANG

SOUND>interspersed with (hooh! aah! hooh!)
I hear somethin' sayin'

(hooh! aah!) (hooh! aah!)
(hooh! aah!) (hooh! aah!)

(Well, don't you know)
That's the sound of the men working on the chain ga-a-ang
That's the sound of the men working on the chain gang

All day long they're singin'
(hooh! aah!) (hooh! aah!)
(hooh! aah!) (hooh! aah!)

(Well, don't you know)
That's the sound of the men working on the chain ga-a-ang
That's the sound of the men working on the chain gang

All day long they work so hard
Till the sun is goin' down
Working on the highways and byways
And wearing, wearing a frown
You hear them moanin' their lives away
Then you hear somebody sa-ay

That's the sound of the men working on the chain ga-a-ang
That's the sound of the men working on the chain gang

Can't ya hear them singin'
Mm, I'm goin' home one of these days
I'm goin' home see my woman
Whom I love so dear
But meanwhile I got to work right he-ere

(Well, don't you know)
That's the sound of the men working on the chain ga-a-ang
That's the sound of the men working on the chain gang

All day long they're singin', mm
My, my, my, my, my, my, my, my, my work is so hard
Give me water, I'm thirsty

FADE
My work is so hard

http://www.lyricsdownload.com/sam-cooke-chain-gang-lyrics.html

Good Post Bad Post

16-Jul-2010 13:22

SMRT / SMRT

Go to Message

x 0

Delivering good customer service requires that a frontline worker receives supportive assistance from an entire network of co-workers. But the chain of assistance is only as strong as its WEAKEST LiNK.

Good Post Bad Post

First < Newer 9461-9480 of 13894 Older> Last

ShareJunction Version: 27 Nov 2020 ver - All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.