
Hidden losses by bank traders. This is something not very common although it has before at Barings, then a Dutch bank and then and then and then and then and then and then and then.
Why does it happen? Of speculative actions. All these show the lackof foresight of fiancial governance. Whose faults not to see the proper conducts of financials. Look at the stock markets of self professed superlative well managed countries. They are failing to protect the hurricanes that they can predict and waited for its arrivals shocked into inaction.
Becareful Singaporeans, don't do the wrong things. Do something sane and not kill the market
leechongpeng ( Date: 26-Sep-2008 12:29) Posted:
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