Draw on a donkey

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A young man bought a donkey for $100 from a farmer. The donkey died. The owner thought of a way to get his money back. He arranged a draw for the donkey, sold 100 tickets at $2 and collected $200.

The winner of the draw came to collect the donkey, found that the donkey was dead and made a complaint. The owner refunded back his $2.

The morale? Some insurance companies collect your premium. When you make a claim, they reject the claim (or refund back your premium) on the grounds of non-disclosure or other reasons. Look for an insurance company that is honorable in paying claims, and in treating customers fairly.

Source.

 

Divorce Letter

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Dear
Husband,

I'm writing you this letter to tell you that I'm leaving you
forever.

I've been a good
woman to you for seven years and I have nothing to show for it. These last two
weeks have been hell. Your boss called to tell me that you quit your job today
and that was the last straw.

Last week, you came home and didn't even
notice that I had a new haircut, had cooked your favorite meal and even wore a
brand new pair of silk panties. You ate in two minutes, and went straight to
sleep after watching all of your shows.
You don't tell me you
love me anymore; you don't want sex or anything that connects us as husband and
wife. Either you're cheating on me or you don't love me anymore; whatever the
case, I'm gone.

Your EX-wife


P.S. Don't try to
find me. Your BROTHER and I are moving away to Spain together! Have a great
life!


*********************************************************************


Dear
EX-wife,
Nothing has made my day
more than receiving your letter.

It's true that you and I have been
married for seven years, although a good woman is a far cry from what you've
been. I watch my shows so much because they drown out your constant whining and griping. Too bad that doesn't work.
I DID notice when you
got a hair cut last week, but the first thing that came to mind was 'You look
just like a boy'! Since my mother raised me not to say anything if you can't say something nice, so i didn't comment.

And when you cooked my favorite meal, you
must have gotten me confused with my brother, because I stopped eating pork
seven years ago.

About those new silk panties: I turned away from you
because the £49.99 price tag was still on them, and I prayed that it was a
coincidence that my brother had just borrowed fifty quid from me that
morning.

After all of this, I still loved you and felt that we could work
it out. So when I hit the lottery for ten million pounds, I quit my job and
bought us two tickets to Jamaica ...
But when I got home you
were gone.
Everything happens for a
reason, I guess.

I hope you have the fulfilling life you always wanted.
My lawyer said that the letter you wrote ensures you won't get a penny from me.
So take care.

Signed,
Your EX-husband, Rich As Hell and Free!

P.S. I don't know if I ever told you
this, but my brother Carl was born Caroline. I hope that's not a
problem.

 

Goodbye, Rich

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Richard Stanley's death has shocked and saddened so many, even those outside DBS. -- ST PHOTO: ALBERT SIM

ONE day, on his way in to work, Richard Stanley was stopped at the DBS Tower One lobby by a new security guard who did not recognise who he was.

Instead of flying off the handle, the late chief executive of DBS Bank simply gave the guard a wink and a big pat on the shoulder, before passing him his namecard with a hearty laugh.

Stories like these - related to The Sunday Times by a DBS manager - represent what the bank, South-east Asia's largest lender, will miss most about the affable 48-year-old American, who insisted that people should just call him 'Rich'.

'His sincerity has touched many,' said Mr Eric Ang, head of capital markets and a long-time stalwart of the bank. 'With trust and friendship as his hallmark, he won the respect and admiration of many who rallied behind him.'

Added another bank employee: 'Rich came across as a more personable CEO. During staff townhall meetings, he would share anecdotes about his family and throw in some Singlish for laughs.'

This was a contrast to his predecessor - fellow American Jackson Tai - whom many DBS staff described as being 'all business.'

It also explains the hundreds of get-well messages Mr Stanley received from staff when news of his illness broke in January, and why his death has shocked and saddened so many, even those outside DBS.

Within hours of the news of his death, the chiefs of local banking rivals United Overseas Bank and OCBC Bank both offered deep condolences.

Long time friends and former colleagues like Citigroup chiefs Piyush Gupta and Jonathan Larsen said they knew him as a fighter and were confident he would overcome his illness.

In fact, just days after he was admitted for treatment in January, colleagues said they saw a set of free-weights in his hospital ward - a sign that the native New Yorker was not going down without a fight.

Source.

Not too sure what kind of CEO Rich was when he was alive. Now then hes gone, looks like DBS really lost a good personal leader.

 

Studying Hard

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Did you know?

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Food for thought

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Very interesting post by one of the CNA presenter Suzanne.

It’s pretty unbelievable and at the same time, sort of cool, don’t you think? I’m actually glad that somebody has decided to do this and take look at the world from this particular point of view. I appreciate it because it has led me to rethink some things…

Food For Thought…

Take a good look at the family size & diet of each country, and the availability & cost of what is eaten in one week.

Italy: The Manzo family of Sicily
Food expenditure for one week: 214.36 Euros or $260.11

Germany: The Melander family of Bargteheide
Food expenditure for one week: 375.39 Euros or $500.07

United States: The Revis family of North Carolina (Sure hope most American families eat more fresh fruits and vegetables and less junk food than this family.)

Food expenditure for one week $341.98

Mexico: The Casales family of Cuernavaca
Food expenditure for one week: 1,862.78 Mexican Pesos or $189.09

Poland: The Sobczynscy family of Konstancin-Jeziorna
Food expenditure for one week: 582.48 Zlotys or $151.27

Egypt: The Ahmed family of Cairo
Food expenditure for one week: 387.85 Egyptian Pounds or $68.53

Ecuador: The Ayme family of Tingo
Food expenditure for one week: $31.55

Bhutan: The Namgay family of Shingkhey Village
Food expenditure for one week: 224.93 ngultrum or $5.03

Chad: The Aboubakar family of Breidjing Camp
Food expenditure for one week: 685 CFA Francs or $1.23

All of us probably take away different bits of information and conclusions by looking and studying these pictures. Personally, I was blown away at the amount of food consumed by some families. But beyond that initial astonishment, I found myself wondering what the social, nutritional and environmental implications were – blame it on my journalistic instincts.

The Rich vs. The Poor (Take Chad and Germany for example- A family of six living in eastern Chad’s food costs $1.23 per week, while a German family of four’s food budget amounts to $500.)

Slow food vs. Fast food (Do you notice how Bhutanese food is almost all fresh while food consumed in countries such as the US and Germany are mostly packaged and processed?)

Cultural Homogenization. (It is fascinating how excluding places where poverty is the most extreme, Coca-Cola makes a frequent appearance. A Good or Bad idea? — you decide.)

Oh, and don’t forget who’s healthier too!

Obviously, each family’s diet is determined by factors such as poverty and globalization. The series of photos provide an insightful look at what families from all around the world consume in a week. The contrasts between the well-off and the families of the Third World are enough to put some of us to shame at how we waste food or overly indulge in food. It’s a bit sad knowing that some studies have shown there are now more overweight people on Earth than those who don’t have enough to eat.

 

SMU grads top earners

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ECONOMICS graduates from the Singapore Management University emerged the top earners last year in the latest graduate employment survey.

Their average monthly salary of $4,164 was a notch higher than the $3,971 earned by business graduates from the National University of Singapore.

The top earners from the Nanyang Technological University were graduates from the chemical and biomolecular engineering who took home $3,232 a month.

The survey of the Class of 2008 was released by the Education Ministry for the first time. Previously, the three universities would separately release their own employment surveys, but the different benchmarks they used confused some students.

Explaining why it decided to take over the publishing of the graduate employment survey results, MOE said on Friday that the intention is to help students make informed course decisions.

'The data gives prospective students a general indication of the employment conditions of the graduates from the various degree courses offered by our local universities,' said an MOE spokesman. 'We understand employment conditions may have changed since, but we hope that the data may still be useful as one point of reference for the students.'

The survey polled graduates who had completed their studies in May or June last year and had started working by Nov 1.

At first glance, the salary levels and overall employment rates and remain largely unaffected by the economic crisis.

Among the top earners are teachers and engineers. Teachers who got an Arts (with Education) from the National Institute of Education make an average of $3,207 a month. Graduates from the engineering faculties, which have been struggling to get students into the course, still rank among the top earners.

Engineering graduates from NUS earned between $2,864 (environmental engineering) and $3,049 (computer engineering), while those from NTU earned between $2,891 (environmental engineering) and $3,232 (chemical and biomolecular engineering).

Overall employment rates were also positive. At NUS, information systems students from the school of computing and dentistry students saw a 100 per cent employment rate.

Source.

2008 Graduate Employment Survey results of:

NUS
NTU
SMU

 

Saturday Home-Cooked Meals

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Brunch


Garlic Prawn Pasta (What else?)

Dinner




Di Huang Miao, Tiger Prawn and Samba Chilli Stingray

 

Insurance policy bonus set to fall

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POLICYHOLDERS of participating life insurance policies can expect non-guaranteed benefits to fall for 2008 and in the future, the Life Insurance Association (LIA) said yesterday.

These benefits, which come in the form of bonuses, will be revised downwards due to the poor investment climate, LIA said.

Also known as par policies, they offer both guaranteed benefits and non-guaranteed benefits, where bonuses are determined based on performance of par funds.

Despite the credit crunch which looks set to last for a few more years, guaranteed benefits should be maintained, and bonuses will still be given, LIA said.

'We remain able to continue to allocate bonuses to par policyholders, albeit at a lower level,' LIA president Darren Thomson said.

Most policyholders can expect to receive letters from their insurers advising of bonus revisions in the coming weeks, Mr Thomson added.

Although the solvency level of life insurers' par funds is still above the regulatory minimum, further deterioration in the economic environment will require companies to strengthen their capital position, LIA deputy president Tan Hak Leh said.

Currently, there are no regulations against cutting non-guaranteed benefits to zero. Only justification is needed.

The bulk of the investment is in debt securities, mostly corporate and government bonds, and equities.

However, asset composition has been changed in light of the risks now, Mr Tan said.

Currently, the economic crisis looks set to be worse than the Asian financial crisis of 1997, where bonus revisions were severe.

Mr Thomson said that the worsening crisis is an indication, and that in spite of previous gains in the better performing years, bonuses will be affected by a prolonged recession.

'Bonuses should be seen as an additional benefit, rather than the main benefit,' Mr Thomson said.

Mr Tan agreed: 'Provision for future bonuses are likely to be revised downwards to reflect the adverse investment performance'.

As of now, only HSBC Insurance and TM Asia Life Singapore have declared their bonus revisions.

Source.

One of the consolation was my switching of Living Policy to Term Insurance. phew

 

Wireless Charging

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How cool is that?