<body><script type="text/javascript"> function setAttributeOnload(object, attribute, val) { if(window.addEventListener) { window.addEventListener('load', function(){ object[attribute] = val; }, false); } else { window.attachEvent('onload', function(){ object[attribute] = val; }); } } </script> <div id="navbar-iframe-container"></div> <script type="text/javascript" src="https://apis.google.com/js/platform.js"></script> <script type="text/javascript"> gapi.load("gapi.iframes:gapi.iframes.style.bubble", function() { if (gapi.iframes && gapi.iframes.getContext) { gapi.iframes.getContext().openChild({ url: 'https://www.blogger.com/navbar/6861957083988960339?origin\x3dhttp://hci09s6fecons.blogspot.com', where: document.getElementById("navbar-iframe-container"), id: "navbar-iframe" }); } }); </script>
ECONOMICS

Your photo here.



Market system?
"Under capitalism, man exploits man. Under communism, it's just the opposite."
-John Kenneth Galbraith

economist talking



Globalisation LINKS the world

09S6F!
09s61 (ECONS)
09S65 (ECONS)
09S7e (ECONS)

Archives, Go back in time

March 2009
May 2009

thank you.


Sunday, March 15, 2009

Some comments from singaporeans about this article .. :D

"Do this consider as Blood Suckers??? "

"yes, they are increasing their spreads.To buffer for quality deterioration in their loan books.To shore up some capital in the face of possible write offs and write downs.To stay alive."

"so the other banks are not trying to shore up capital and stay alive?"

"To each his own. Or in this case, to each its own. Ours not the reason why.And we all know, banks all the around the world are scrambling to survive, one way or another, with govt help, no less.So other than being clever, I don't know what is the point that you're trying to make."

What are your comments? xD


11:19 PM