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Tag Archives: Singapore
August 9, 1965
On August 9, 1965, the country of Malaysia finally had enough. It told the island city of Singapore, “That’s it. I’m tired of the constant bickering and arguing. I’m tired of you staying out all night and coming home smelling of booze and cigarettes and cheap perfume. My mother was right. I’m too good for … Continue reading
Posted in 20th Century, Historical Facts
Tagged divorce, Malas, Malaysia, Singapore, unintended consequences
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February 26, 1995
On This Date in TWISTED-HISTORY.com! in 1995 the oldest investment institution in Britain collapse after one of their traders, Nick Leeson of the Singapore branch, lost over $1.5 billion dollars on futures trading. Mr. Leeson was using the bank’s money to bet on which way the market would swing and he bet wrong it time. … Continue reading
Posted in 20th Century, Historical Facts
Tagged banking, capitalism, fraud, Let The Market Decide, Singapore, stupidity, the english
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