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Thread: After conning people, they are still worried about Prada and Gucci!!!

  1. #1

    Default After conning people, they are still worried about Prada and Gucci!!!

    http://www.straitstimes.com/Breaking...ry_286194.html

    Unbelievable! After conning people of their money, these bankers are still worried about maintaining their rich lifestyle.

    To them I say, be happy with what you have for what you have is a result of what others have lost.

    Extracts:
    But now that she has a hefty mortgage on a new apartment in District 10, she is thinking of selling a few sparklers so that she can comfortably sustain her monthly loan payments, as well as her 'expensive addiction to Gucci and Prada'.

    He has ditched plans to buy a BMW 7 to replace his Audi. He will also buy 'only second-hand watches' and 'not indulge in thousand-dollar wines now'. Hundred-dollar wines will do, he mused.

  2. #2

    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    Not surprising, really.

  3. #3

    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    Quote Originally Posted by weiconghon View Post
    http://www.straitstimes.com/Breaking...ry_286194.html

    Unbelievable! After conning people of their money, these bankers are still worried about maintaining their rich lifestyle.

    To them I say, be happy with what you have for what you have is a result of what others have lost.

    Extracts:
    But now that she has a hefty mortgage on a new apartment in District 10, she is thinking of selling a few sparklers so that she can comfortably sustain her monthly loan payments, as well as her 'expensive addiction to Gucci and Prada'.

    He has ditched plans to buy a BMW 7 to replace his Audi. He will also buy 'only second-hand watches' and 'not indulge in thousand-dollar wines now'. Hundred-dollar wines will do, he mused.

    Please lah, why are you so absurd sounding as to suggest that all people who work in banks con people's money. Your statement suggests that you seriously have no idea what all of this subprime mortgage crisis has to do with Singapore and the people who work on banks here. Neither do you realise that there are many rich or almost rich people who live lavish lifestyles like as if it is a given.

  4. #4

    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    I said in a fit of anger. My statement seem sweeping. But I just can't stand those bankers who behave in this way. Retirees are losing their hard earned money and yet....

    Maybe there are really kind angelic bankers who help people to invest their money diligently, go through all the risks in the prospectus and willing to take a small commissions for their good effort.

  5. #5
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    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    Life is like that. A once people are used to a certain kind of lifestyle, very hard for them to change. I also know of someone who always complain no money, but still must drive BMW and eat dinner at Tung Luk Restaurant.

    But yeah, your statement is unfair lah. People are rich or poor depending on the cicumstances they are in. Not all the rich people get their money through immoral ways, so just because other people are poor, they shouldn't take it out on rich people. Which seems to be the case from the way you're writing.
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  6. #6

    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    Sorry, if I'm offending anyone. I'm just referring to some immoral bankers. I respect rich people who work hard in their business while remaining moral.
    Last edited by weiconghon; 5th October 2008 at 11:43 PM.

  7. #7

    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    More often than not, people are rich and poor depending on their expectations.

  8. #8
    Senior Member redstone's Avatar
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    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    Quote Originally Posted by synapseman View Post
    Life is like that. A once people are used to a certain kind of lifestyle, very hard for them to change. I also know of someone who always complain no money, but still must drive BMW and eat dinner at Tung Luk Restaurant.

    But yeah, your statement is unfair lah. People are rich or poor depending on the cicumstances they are in. Not all the rich people get their money through immoral ways, so just because other people are poor, they shouldn't take it out on rich people. Which seems to be the case from the way you're writing.
    "Rich" is subjective to the lifestyle that you live.

  9. #9

    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    Quote Originally Posted by weiconghon View Post
    I said in a fit of anger. My statement seem sweeping. But I just can't stand those bankers who behave in this way. Retirees are losing their hard earned money and yet....

    Maybe there are really kind angelic bankers who help people to invest their money diligently, go through all the risks in the prospectus and willing to take a small commissions for their good effort.
    Sorry bro, your impression that people's money has been swindled by bankers is totally wrong. The term 'Banker' is a general term for people who work in banks, it is not specific to what role or aspect of banking that person is in. Just because you read of some irresponsible sales people at banks selling investment trusts to retirees does not make everybody who works in banks bad. The newspaper article describes people who do not work in retail or consumer banking.

  10. #10

    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    Quote Originally Posted by weiconghon View Post
    Sorry, if I'm offending anyone. I'm just referring to some immoral bankers. I respect rich people who work hard in their business while remaining moral.
    Disclaimer added earlier on.

  11. #11

    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    Some bankers need to have that lifestyle to get the customers. Its part of the job. They have to smarten up and live the same kind of lifestyle as their customers.

  12. #12

    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    yes...i tend to agree with the TS. many bankers are; by the mere existance of the banking policy; out to (well, i wouldn't use the word con...but) suck ur wallet dry. case in point is the extremely low interest rates offered in singapore (maybe other places higher, or this is the highest in the entire world, i donno...) vis-a-vis the BLR. i mean...5% BLR vs 0.24% savings interest? (rates)
    i mean, do they really take all that extra profit and not call it...profiteering? even investment interest are not higher than the lending rate...

    my data maybe wrong, if so, forgive me. it is very hard to find jargon-free straight up reliable info on the net.

  13. #13

    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    Quote Originally Posted by shiruikage View Post
    yes...i tend to agree with the TS. many bankers are; by the mere existance of the banking policy; out to (well, i wouldn't use the word con...but) suck ur wallet dry. case in point is the extremely low interest rates offered in singapore (maybe other places higher, or this is the highest in the entire world, i donno...) vis-a-vis the BLR. i mean...5% BLR vs 0.24% savings interest? (rates)
    i mean, do they really take all that extra profit and not call it...profiteering? even investment interest are not higher than the lending rate...

    my data maybe wrong, if so, forgive me. it is very hard to find jargon-free straight up reliable info on the net.

    30% make ups are common in the everyday things you buy, why are you not making a fuss out of it?

  14. #14
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    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    the higher they climb, the harder they fall. nobody likes to fall, wadever the height.

  15. #15

    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    why do you begrudge people for being rich?

    and not all bankers con people per se.

  16. #16
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    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    Quote Originally Posted by night86mare View Post
    why do you begrudge people for being rich?

    and not all bankers con people per se.
    since when the TS is blasting all the bankers? its those in the article, dun come in here say all.

    Quote Originally Posted by weiconghon View Post
    Unbelievable! After conning people of their money, these bankers are still worried about maintaining their rich lifestyle.

  17. #17

    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    Quote Originally Posted by sORe-EyEz View Post
    since when the TS is blasting all the bankers? its those in the article, dun come in here say all.
    he assumed that every single banker in the article cons people.

    based on his demographic, that's everyone in the article. as a representation sample of the population, is that not ALL the bankers? or is he a personal friend of all of them that he knows that he cons people?

    you want to be pedantic? or inane?

  18. #18

    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    Is this sour grapes at upper class singapore?
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  19. #19

    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    Well.. The rich get taxed more, and progress packages goes out every so often

    Also..
    The "rich" people you mentioned are those that earn alot, but also spend alot. Spend almost everything they make.

    It's not surprising of those people only have 5 digits in the bank.
    Meow!

  20. #20

    Default Re: After conning people, they are still worried about Prada and Gucci!!!

    Quote Originally Posted by GavinTing View Post
    Well.. The rich get taxed more, and progress packages goes out every so often

    Also..
    The "rich" people you mentioned are those that earn alot, but also spend alot. Spend almost everything they make.

    It's not surprising of those people only have 5 digits in the bank.
    Hmmm, for me, part of the definition of being rich is not how much money they have, but how big their spending powers are.

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