Buy Tahan Insurance's parent company IDAMAN 1112?, Since BNM had taking over Tahan Insuranc
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 May 24 2009, 05:16 PM
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#1
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Staff
25,802 posts Joined: Jan 2003 From: Penang  
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Err....... it means the company is in trouble in the first place, aka not meeting enough capital requirement in the first place so only BNM take over the company control.
BNM's intention is not protecting the company but insurance policy owners. They have no interest to protect the company. |
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May 25 2009, 09:08 AM
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#2
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(kb2005 @ May 24 2009, 09:31 PM) Just take the case of American companies like AIG and Citibank. No matter the government is protecting the policy or account owners, bottom line is the company still get protected and get some fund.   QUOTE(simplesmile @ May 24 2009, 10:01 PM) Ya... if govt going to use taxpayer's money to bailout any companies, we should take the opportunity to grab some cash the govt is handing out, cos it's our money anyway. Look at where AIG and Citi share price right now.  |
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