crustyngrizzly

Hin Leong owes plenty.

2 posts in this topic

Hin Leong a Singaporean based oil futures trading co has collapsed into a pile of s...t after its owner admits he has been cooking the books for years..His company owes over 4 billion dollars to various banks including HSBC and J.P. Morgan.The companies assets are 781 million so 3.4b is the official figures.Apparently there could even be worse news hidden in the books.

Seems like investing is closer to gambling than i thought.

 

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2 hours ago, crustyngrizzly said:

Hin Leong a Singaporean based oil futures trading co has collapsed into a pile of s...t after its owner admits he has been cooking the books for years..His company owes over 4 billion dollars to various banks including HSBC and J.P. Morgan.The companies assets are 781 million so 3.4b is the official figures.Apparently there could even be worse news hidden in the books.

Seems like investing is closer to gambling than i thought.

 

And it won’t end there Crusty.....they will be coming out of the woodwork now.....

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