On Mar 18, 4:01=A0pm, kingkong <hah...@[EMAIL PROTECTED]
> wrote:
> Banks such as HSBC, UBS, Citicorp and Standard Chartered Asian
> operations are all profitable. In fact, it is their Asian operations
> that help reduced that huge losses from their US and EU operations.
>
Most of these banks, their Asian operations, are required to
comply with the same strict banking control regulations for
local banks.
Understand Citi Corp (SIN)...tried to arm twist MAS into relaxing
rules for the business from Indonesia.
Hope, MAS have the good sense and was strong enough to
say NO to Citi Corp...
>
> Also, apart from their sub prime problem, they are not plague with hedge
> funds withdrawal problem.
>
The Hedge fund masters like G Soros are great white sharks..
they come in for the feeding frenzy. ... but move away
before trouble strike.
The victims are the poor house owners who lost their homes,
their jobs and their savings.
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