tag:blogger.com,1999:blog-8772491888812684500.post7613048903393969229..comments2024-03-21T14:35:09.854+08:00Comments on Singapore Notes: Life Outside The CabinetTattlerhttp://www.blogger.com/profile/11037010707866164010noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-8772491888812684500.post-91890943967696236512011-12-01T23:45:02.002+08:002011-12-01T23:45:02.002+08:00Quote, " ...A recent update to her resume is ...Quote, " ...A recent update to her resume is an appointment as an independent non-executive director on Ernst & Young's Global Advisory Council (GAC)..." <br /><br />Remember our Kate Spake MP who parachuted into parliament is also from the same company. This makes one image what sort of links between this company and the government. Accountability and transparency is a key issue in this red dot indeed.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-72198793384672801022011-12-01T22:16:48.224+08:002011-12-01T22:16:48.224+08:00The informal arrangements are apt for they are onl...The informal arrangements are apt for they are only capable in advisoral appointments. Execution sucks. Even the employers know to what extent they can be tapped on. Just some insider knowledge and networksgcynichttps://www.blogger.com/profile/17870133031748420663noreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-85618632021254920932011-12-01T14:05:56.339+08:002011-12-01T14:05:56.339+08:00An interesting thing happened in 2001. That was th...An interesting thing happened in 2001. That was the year that auditors were prohibited from doing other consulting work for their corporate audit clients. In the case of Lehman Brothers and Ernst & Young, that event seemed to have just the opposite effect in that the auditor’s fees skyrocketed. From 1999 to 2007, the last year auditor fee data was reported to Lehman’s shareholders, Ernst & Young’s fees increased 7 fold from $5.3 million to more than $31 million. The dramatic climb in E&Y’s fees for the 9-year period suggests that, in terms of fees collected from it’s client, the risk of “not biting the hand that feeds you” increased dramatically. Okay, looks like the culture mix is just right for Lim.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-18749285460291893272011-12-01T13:58:20.870+08:002011-12-01T13:58:20.870+08:00http://www.straitstimes.com/BreakingNews/Singapore...http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_739989.html<br /><br />Simple lah. Life outside of Cabinets is all about bringing the rich and famous to singapore, paving for more billionaires so that 'anything they can dream, they can built' for the foreigners. Poor Singaporeans can only dream about a pigeon-size scaled down HDB hole spreading over 30years debt loan. Way to go..more playground for the rich.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-26416127789542680482011-12-01T13:54:43.962+08:002011-12-01T13:54:43.962+08:00In reviewing the MPs salaries, Gerard Ee should re...In reviewing the MPs salaries, Gerard Ee should reveal what % of the stock options by the various GLC are also given out as part of the compensation to Ministers who meet those KPIs. It will tell you why someone like LTA & Lui Tuck Yew has every interests to see profitability over people in matters relating to SMRT. Is one big ponzi scheme. They make money out from the people, and add to their own coffers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-37557357924314941062011-12-01T13:14:38.985+08:002011-12-01T13:14:38.985+08:00Right!
Go under the skin and you would discover al...Right!<br />Go under the skin and you would discover all these 'advisory' posts are in govt/glc related companies.<br /><br />For all you know, there is an agreement made to pay all ex-govt 'advisors' from the dividend of the govt/glc's stakes in the companies. That is, you and I are possibly paying for it!?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-3445651436993264152011-12-01T12:57:13.018+08:002011-12-01T12:57:13.018+08:00Hey....LHL got the job after Temasek invested in F...Hey....LHL got the job after Temasek invested in F&N. <br /><br />Try doing it in not related GLC companies.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-16121511944157202592011-12-01T12:55:17.730+08:002011-12-01T12:55:17.730+08:00We are all living in the knowledge economy. In th...We are all living in the knowledge economy. In this case it's know-who not know-how.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8772491888812684500.post-87762056249970244022011-12-01T10:46:16.169+08:002011-12-01T10:46:16.169+08:00Why worry about their ability to perform? Just lik...Why worry about their ability to perform? Just like what happened in our neighbouring countries, it is the connection that is of value to these companies. If I were a businessman, I would love to have an ex President to work for me. He does not need to work at all. Just link me to the right source.Anonymousnoreply@blogger.com