SNGAPORE : Several Singapore town councils may have lost a small part of their sinking funds through exposure to failed Lehman Brothers-linked investment products.
Even our town councils have faith in Lehman Brothers. Really have to thank The Straits Times for digging news, though I don't really trust what papers reported. Continue digging....
I thought the ordinary folks who bought Lehman bonds are bad with their finances, even the Town Councils are not good at it (erm...with tax payers money).
I only trust myself where money is concern. Never made a single profit, not even a single digit profit when I bought recommended investments. My scorecard is better when I pick those investments myself.
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