Saturday, October 11, 2008

You have to take the risk and bear the loss

Dear Mr. Tan,
I lived for several years in a third world country. Every day, burglars ransacked the homes of the people. When the owners complained to the Police, there was no investigation.

They saw the Government leader who told them, "if you wish to live in this country, you have to take the risk and bear the loss. Let's move on".

Does this sound familiar with the minibond issue?