atans1

TRE poster asks “Why save when struggling?”/ Corporate raiders and change

In Corporate governance, Economy, Financial competency on 21/04/2018 at 10:57 am

When TRE used PAP is losing the war to keep S’poreans in ignorance there was this comment

SUNNY:

in fact every generation can barely only support it self.
actually we are now the future generation ,what benefits are we enjoying??
may be the leaders should have their 90% salary/bonus cut for future 20 years generation,so we can witness before we die.
why save when it is raining heavily today.we won’t be around tomorrow.
who knows if the world will end tomorrow.

Here’s another thing to think about

What is the point of having a very good balance-sheet if the S’pore economy is underperforming its full potential?

In the 50s, 60s and 70s, US CEOs boasted of their companies strong balance sheets while spentdingcorporate funds on private jets, hunting lodges for themselves, co directors and senior executives, and their cronies. Shareholders got “peanuts” but wewre grateful. Then came the corporate raiders with the doctrine of “shareholder value”. CEOs  etc are still well renumerated but they have to keep the shareholders happy.

Recognise what should happen here next?

Too bad we got the likes of the Wankers’ Party, Mad Dog, Uncle Leong, Phillip Ang, Goh Meng Seng, s/o JBJ, TKL, Martyn See, Seelan Palay,Kirsten Han, M Ravi and TJS. They are the faces that the swing voters (those who voted for Dr Tan Cheng Bock) usually associate with change.

We need more people like Dr Paul, Terry Xu, Sonny Liew, Chris K, Tay Kheng Soon, Yeoh Lam Keong, Cherian George, Donald Low, Alex Au, Mohamed Imran Mohamed Taib, Tan Tarn How and Remy Choo.

 

Advertisements
  1. there are different ways to keep shareholders happy, without paying dividends necessarily; facebook convinced 1 billion people that letting ur friends see what u had for breakfast is beneficial to mankind, and its share price kept rising; tesla showed people how wonderful the future with electric cars will be, and its shares kept rising

    about alex au – he used to blog frequently, with good articles instead of the rubbish u see everywhere; but things have not been the same since his chosen party, SDP, fielded an anti gay candidate (vincent left SDP somewhere around there); and about kirsten han, she had this freelance journalist mentor al giordano, very proud of it too, till (a) he cut her off because she was friendly towards some of his enemies (mainly supporters of his ex-wife) (b) he was accused of sexual harassment after me-too started;

    in short, u need to choose ur friends carefully

  2. CI – results of the malaysian general election 2018 will affect SG 100 times more than all those names you wrote above.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: