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Oei Hong Leong loses $1b, takes Citigroup to court
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iPunter
Supreme |
19-May-2009 16:24
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But I seriously doubt he'll end up having to sleep at the airport lounge... But then not even Job can comprehend the good Lord's ways!...
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ozone2002
Supreme |
19-May-2009 16:09
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he's gotta push up the stock prices b4 he sells the ones he owns.. good for pple who own the shares he owns... |
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victorian2
Senior |
19-May-2009 14:08
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Rms just want to sell instruments. My RM doesn't even bother to call me when he knows I'm not buying from him...hahaha |
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Andrew
Master |
19-May-2009 14:07
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He have to sell something.......what stocks he has ?? IPC ?? JapanLand.....
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chinton86
Veteran |
19-May-2009 14:00
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I got a feeling that this loss might make him bankrupt, thats y he so gan jiong. As u know, this kind of people had little cash at hand. | ||
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Andrew
Master |
19-May-2009 13:55
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This is not the first time Citi get into this limelight leh.........1B....can buy a lot of chicken rice....
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Farmer
Master |
19-May-2009 12:52
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I think his luck or Midas touch is on equities rather than other instruments..... he also reported by ST to have lost $ on Lehmen bonds too. Hmm...No wonder didn't see his big action on the stock market recently. | ||
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dcang84
Veteran |
19-May-2009 12:46
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For any investor to make any informed decision, the information provided should be accurate and timely. Otherwise its bust!!!
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chinton86
Veteran |
19-May-2009 11:27
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aiya...Why like that? Lose just admit la... Lose liao blame people. I believe he had enough talent under him to calculate for him de ma...Hiaz | ||
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Hulumas
Supreme |
19-May-2009 11:15
Yells: "INVEST but not TRADE please!" |
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He does not deserve the loss without wrong information I suppose. I am sorry to know that, he is so kind hearted gentleman.
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scotty
Senior |
19-May-2009 10:04
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Relationship managers are now viewed cautiously because of this. Too much promises and over selling. |
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Andrew
Master |
19-May-2009 09:03
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By Lee Su Shyan, Assistant Money Editor LOCAL businessman Oei Hong Leong - dubbed the 'man with the Midas touch' - lost a whopping $1 billion on foreign exchange and US Treasury bond transactions last year. http://business.asiaone.com/Business/News/Story/A1Story20090519-142302.html Didn't know he is a billionaire......he actually paid up the 1B debt....... |
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