Stock Market Debacle: Fall of Lehman, Merril & AIG

What a week! What a week indeed!

To say that i am shocked is just a tip of the iceberg. I knew we would see more financial institutions come crashing down ever since the falls of Fannie Mae, Freddie Mac & Citigroup. However, this week alone has indicated that the American Market is still reeling from their past Sub-Prime scandal. Especially this week with the fall of 158 year old Lehman Brothers, the merger of 94 year old Merrill Lynch with Bank of America & the recent Fed rescue of AIG.

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Disciplinary Action on Mas Selamat by DPM Wong Kan Seng

It has been 58 days since February 27th, the day Mas Selamat escaped from Whitley Road Internal Security Department (ISD) Detention Centre. I am still amazed and yet fearful that we have not been able to uncover and apprehend the detainee Mas Selamat. Still, checks must still be maintained as we cannot let our guard down cause there is still a possibility that Mas Selamat is still in Singapore. Though highly unlikely. However, disciplinary actions have been meted out today to members that have been found guilty with the escape of Mas Selamat.

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