atans1

BG Yeo: Bakes cake and eats it too

In Uncategorized on 04/06/2015 at 4:40 am

You’d need three millennia on a British PM’s salary to match the $690 million that Blackstone boss Steve Schwarzman received last year. Any ex-politician without a fortune of his or her own will feel impoverished in the familiar halls of Davos. Typically, elected leaders leave office with small nest eggs, by those standards, and a few decades left to earn serious money.

Since the opportunity and the desire are often there, there will almost certainly be more Politicians Incorporated. That’s worrying. Democracy will suffer if public office becomes little more than an audition for a second truly lucrative career.

By making ministers rich filthy rich, like Mah Bow Tan, at tax payers’ expense is the PAP’s answer to this Western  dilemma.

BG Yeo mocks the PAP by getting a good pension and a well paying private sector job.

Readers might be interested to know that pro PAP publiccation mothership is alleged to have got funding with the help of BG Yeo. Not his own money of course. He asked Philip Yeo (Remember him? He rowed with Harry’s daughter and lost it seems. I was rooting for the gal,) for funding. Philip Yeo, allegedly, obliged using S$1m from some fund he controlled.

Other people’s money.

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  1. George Yeo, a faked Catholic whose true legacy for Singapore is the lee-galisation of gaming dens knows that PAP is over, so he is putting himself up an independent front for presidential 2017 perhaps.
    http://mrwangsaysso.blogspot.sg/2011/05/george-yeo-and-his-true-legacy-for.html

  2. […] Report and Sack Lionel de Souza for Criminal Intimidation? – Thoughts of a Cynical Investor: BG Yeo: Bakes cake and eats it too – S M Ong: ‘Aisey’ or ‘aiseh': What did you […]

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