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  1. Sim

    Wrap story in todays SMH

    Likewow, if I owed you money, wouldn't you say I had an ethical responsibility to repay you ?
  2. Sim

    Wrap story in todays SMH

    I find in general (especially from the more experienced investors) that there is a very strong ethical bias on this forum. The difference is that there are certain people outside the forum who proclaim to be the pillars of ethics in our community, yet who are quite inconsitent in their...
  3. Sim

    Wrap story in todays SMH

    I think you'll find the media is not reporting the full story here - I'm pretty sure that the wrappees in this case were offered quite a bit of leniency. But like I said earlier - at the end of the day - after all the help offered, regardless of any UCC, if you still can't pay, you will be...
  4. Sim

    Wrap story in todays SMH

    With all the horror people express about wrappers evicting their wrappees - you fail to remember one important fact ... this is EXACTLY what the banks do to mortgagees when they fail to meet their repayments too. Although I must admit that the banks don't exactly enjoy this kind of thing - in...
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