One of our head correspondents in Asia wrote me a note this morning saying Keith "if they protest in Singapore..."
For those of you who have never been, they don't strike or protest much at all in Singapore. If they do, they take care of business in a park allocated for protests called "Speakers' Corner" - it's basically the only outdoor space where the government of Singapore signs off on public criticism.
If Wall Street thinks they are free and clear of all of the compromises that are associated with lying to and/or misleading Asian investors, they better think long and hard about that again...
For those of you who have never been, they don't strike or protest much at all in Singapore. If they do, they take care of business in a park allocated for protests called "Speakers' Corner" - it's basically the only outdoor space where the government of Singapore signs off on public criticism.
If Wall Street thinks they are free and clear of all of the compromises that are associated with lying to and/or misleading Asian investors, they better think long and hard about that again...
- This, I fear, is only the beginning. It can take a lifetime to earn people's trust, and a few stupid decisions to lose it.
KM
Reuters Picture by Vivek Prakash
