Dear Mr Tan KL,
I refer to the following comments in your post
http://tankinlian.blogspot.com/2008/12/hk-mom-suiside-because-bank-refuse-to.html
Anonymous said...
I have thought of suicide as well. The way MAS and government have acted in not helping me, I feel really depressed. Each time I see the words UOB Kay Hian I have much resentment and depression that I have lost the family's life savings. If it goes on this way and I do not get back the money, I can't face the family and subject them to difficult life ahead. Worst, I have no regular job now. It only takes me some courage to kill the children and end my life with my wife. Never felt so miserable in my life. Now I understand what depressing life a 40+ has when there's no job and money but full of life stress.
If we end our life, I will make it clear we will return to haunt UOB Kay Hian and those responsible for minibond.
Anonymous said...
I can feel how you are feeling now, as I am also in the same situation. However,if you are gone now, the FIs won't feel bad. You must transform your anguish into energy to fight. Not only for yourself and your family, but against your enemy who had put you in this agony.
I'm concerned that these two victims are so depressed as they've been pushed to a dead end and may resort to some foolish act. If you have volunteers who are well trained in counselling pls help them to overcome this difficult period.
tkh
REPLY
For those who need conselling help, please refer to any of the organisations shown in the attached blog:
http://tankinlian.blogspot.com/2008/12/helplines-for-managing-mental-stress.html
Sunday, December 14, 2008
Saturday, December 13, 2008
ERP and MRT in Singapore
By courtesy of Loh Hon Chun:
Even Adolf Hitler complains about the ERP and MRT in Singapore. http://hongjun.blogspot.com/2008/09/hitler-complaining-about-erp-and-mrt.html
Even Adolf Hitler complains about the ERP and MRT in Singapore. http://hongjun.blogspot.com/2008/09/hitler-complaining-about-erp-and-mrt.html
Video of my speech at Speaker's Corner - 13 Dec 2008
View the video recordings of my speech here:
http://theonlinecitizen.com/2008/12/mr-tan-investors-consulting-lawyers-and-exploring-legal-options/
http://theonlinecitizen.com/2008/12/mr-tan-investors-consulting-lawyers-and-exploring-legal-options/
Last Meeting on Speaker's Corner, 27 Dec 2008
I will be holding the last meeting at Speaker's Corner on 27 December 2008.
The separate groups, according to the product (e.g. minibond, high notes) will be holding their seperate meetings at their preferred locations. If you are interested to join the group, you should contact the group leader.
I will use my blog to update the investors on subsequent developments regarding the legal action and other matters.
The separate groups, according to the product (e.g. minibond, high notes) will be holding their seperate meetings at their preferred locations. If you are interested to join the group, you should contact the group leader.
I will use my blog to update the investors on subsequent developments regarding the legal action and other matters.
Public transport in Singapore
I have resumed my postings in this blog:
http://singaporepublictransport.blogspot.com/
Do visit it regularly and give your feedback and views.
http://singaporepublictransport.blogspot.com/
Do visit it regularly and give your feedback and views.
Guide - how to lodge a complaint on credit linked notes
If you wish to lodge a complaint on credit linked note, you can refer to this guide:
www.tankinlian.com/forms/GuideOnCreditLinkedNote.pdf
www.tankinlian.com/forms/GuideOnCreditLinkedNote.pdf
Speaker Corner, 13 Dec 2008 Speech by TKL
Speech by Tan Kin Lian
1. Queens Counsel opinion
I have briefed a senior lawyer in Singapore about the credit linked notes. He will be giving a brief to a Queens Counsel in London. We will wait for the QC opinion, expected in January.
2. Briefing of investors – Lawyer
One lawyer has received more than 250 warrants to act. He will be giving a briefing to the investors in January 2009. He hopes to be able to get additional investors to join the class action on the credit linked notes (except the High Notes).
3. Investors of High Notes
These investors have held several meetings. This group is well organised and will be taking separate action. They have a separate website.
4. Investors of Minibonds
These investors are also setting up a separate website and collecting data on their investors. They also plan to have a briefing of their investors in January 2009.
5. Legal action
By end of January 2009, it will be clearer to the investors on the legal action that can be taken. In the meantime, investors can read my blog for updates.
www.tankinlian.blogspot.com
6. Legal action in USA
Several investors have read news report about taking class action in the USA against the financial institutions, similar to what is being done in Hong Kong. I have consulted a Singapore lawyer on this matter. Their advice is that this approach is not applicable to us. We are monitoring the situation.
7. Dual currency investments
Be careful about dual currency investments. Some investors have lost a lot of money on this product. The bad feature is that your gain is capped and your loss is unlimited. If you are leveraged, you can loss your entire capital. I will give some examples.
8. Consumer association for financial services.
Some people have asked me to set up a consumer association for financial services. I have formed a pro-tem committee to look into this matter. The aims are to educate consumers and help them to obtain financial products that give good value to consumers. More details can be found in my blog, www.tankinlian.blogspot.com. A separate website will be set up soon.
9. Guide on making a complaint
I have distributed a leaflet giving information on the contact persons and websites that guide you to make a complaint on the credit linked notes.
Tan Kin Lian
1. Queens Counsel opinion
I have briefed a senior lawyer in Singapore about the credit linked notes. He will be giving a brief to a Queens Counsel in London. We will wait for the QC opinion, expected in January.
2. Briefing of investors – Lawyer
One lawyer has received more than 250 warrants to act. He will be giving a briefing to the investors in January 2009. He hopes to be able to get additional investors to join the class action on the credit linked notes (except the High Notes).
3. Investors of High Notes
These investors have held several meetings. This group is well organised and will be taking separate action. They have a separate website.
4. Investors of Minibonds
These investors are also setting up a separate website and collecting data on their investors. They also plan to have a briefing of their investors in January 2009.
5. Legal action
By end of January 2009, it will be clearer to the investors on the legal action that can be taken. In the meantime, investors can read my blog for updates.
www.tankinlian.blogspot.com
6. Legal action in USA
Several investors have read news report about taking class action in the USA against the financial institutions, similar to what is being done in Hong Kong. I have consulted a Singapore lawyer on this matter. Their advice is that this approach is not applicable to us. We are monitoring the situation.
7. Dual currency investments
Be careful about dual currency investments. Some investors have lost a lot of money on this product. The bad feature is that your gain is capped and your loss is unlimited. If you are leveraged, you can loss your entire capital. I will give some examples.
8. Consumer association for financial services.
Some people have asked me to set up a consumer association for financial services. I have formed a pro-tem committee to look into this matter. The aims are to educate consumers and help them to obtain financial products that give good value to consumers. More details can be found in my blog, www.tankinlian.blogspot.com. A separate website will be set up soon.
9. Guide on making a complaint
I have distributed a leaflet giving information on the contact persons and websites that guide you to make a complaint on the credit linked notes.
Tan Kin Lian
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