Search the Community

How can he bully a 70 year old cleaner? http://www.straitstimes.com/breaking-news/...nd-break-pubic- A man who pushed a cleaner on the shoulder was jailed for one day and fined $1,500 on Monday. Sonny Lim, 53, admitted to using criminal force on Mr Tan Ton Siew, 70, at a coffeeshop on the night of Aug 20, last year. The court heard that Mr Tan was clearing some tables at the coffeeshop at Block 205, Bedok North St 1 when Lim shouted to him to clean his table. The cleaner told Lim that he would do so after clearing the utensils. Suddenly, Lim confronted Mr Tan and pushed his shoulder. Mr Tan fell backwards and landed on his buttocks. He called the police. Mr Tan sought medical attention and was subsequently found to have a broken left pubic bone. Lim told the court that he had apologised to the victim and made compensation, the amount of which is not known.

Singapore Home > Breaking News > Singapore > Story Jun 29, 2011 Unemployed man in New York 'attacks' Singapore A man has been seen in New York City's Time Square holding up a sign attacking Singapore and Prime Minister Lee Hsien Loong. -- PHOTO: STOMP A MAN has been seen in New York City's Time Square holding up a sign attacking Singapore and Prime Minister Lee Hsien Loong. Some commuters who spotted this in have sent in emails and pictures of the man to Stomp, the popular Singapore citizen journalism website. They say that he has been doing it for some weeks now. One of them, identified only as Edwin, said that the man had apparently lost his job in Singapore, is unhappy, and had decided to try and paint a bad impression of Singapore to tourists at the famous Times Square. Another reader of Stomp - JJLim - said he saw the man while on holiday in New York City. He said: 'My wife and I were on holiday in New York when we saw this strange guy near Times Square, New York. Holding a self-written cardboard, he displayed unfounded accusations at our Prime Minister and our nation.' The story on Stomp attracted the ire of readers who have expressed their displeasure on the website. Readers have commented on Stomp that the man is a 'clown' and a 'loser'.

Do you believe what goes round comes around? Have you ever done something and the consequences of retribution fall on you? or as some people say "MAN IS THE MASTER OF HIS DESTINY". there is no such thing as retribution.

SemGroup Loses Bets on Oil Hedging Tactics Coincide With Ebb In Price of Crude By BRIAN BASKIN July 24, 2008; Page C14 The collapse this week of SemGroup LP, a little known private oil-marketing firm, may have played a role in crude oil's 14% drop over the past 10 days. The Tulsa, Okla., company filed for Chapter 11 bankruptcy protection Tuesday, citing among other financial woes a loss of at least $2.4 billion in crude-oil futures. Changes in its hedging strategies coincided with big moves in oil recently. The company had taken out short positions, or bets that crude prices would fall, as a hedging strategy for oil it intended to move through a subsidiary's pipelines and sell to refiners, according to an affidavit filed in Delaware bankruptcy court by Terrence Ronan, SemGroup's senior vice president, finance. Then, when oil prices rose, SemGroup moved to "cover" its short positions by taking out equivalent long positions, or bets that oil prices would rise. Eventually, SemGroup was unable to put up collateral for its swelling bets and sold its futures account to Barclays Capital on July 16, according to the affidavit. SemGroup officials couldn't be reached for comment. A spokesman for Barclays declined to comment. The firm had $14.7 billion in revenue as of 2006, the last year for which there are public records. Its publicly traded subsidiary, SemGroup Energy Partners LP, operates about 1,200 miles of oil pipelines and controls 15 million barrels of oil storage capacity, including seven million barrels at Cushing, Okla., a storage hub closely tracked by the oil market. One theory making the rounds in the market is that as SemGroup's long positions snowballed, so did the oil rally. SemGroup's rapid exit from the market removed a force for upward momentum when the market, under siege from negative U.S. economic indicators, needed it most. "In the three days surrounding that transfer" to Barclays, crude futures "plunged $15.89...thus, with SemGroup removed from the market, crude oil has been free to fall," wrote Stephen Schork, editor of the Schork Report, a newsletter tracking the oil market. The linkage isn't entirely clear. Some traders note that SemGroup's activity dried up well before July 16, and there is no indication of what Barclays did with SemGroup's positions once it took control. Oil prices have also continued to drop since last week, falling an additional 3.8% from the settlement price on July 17. SemGroup likely played a supporting role in oil's fall, said Nauman Barakat, senior vice president at Macquarie Futures USA in New York. "They certainly contributed to it, but other factors were already in play," Mr. Barakat said. The initial plunge came on July 15, as Federal Reserve Chairman Ben Bernanke told Congress that the U.S. economic downturn would prove more persistent, and potentially more severe, than initially thought. Oil prices fell again the following day, immediately after the Energy Department reported a surprise build in U.S. crude stocks, underscoring that demand is weakening. SemGroup's contribution would have been to remove a steady source of upward momentum, wrote Edward Meir, with MF Global. "SemGroup is not helping the bullish cause, as with the firm now bankrupt, whatever short-covering that was done...is now behind us," Mr. Meir wrote. The next question for the market is whether SemGroup's failure was an isolated incident, said Mr. Schork in an interview. "We know SemGroup was in trouble, the only question is when another shoe drops," he said. Separately, Reuters reported that a group of SemGroup LP creditors on Wednesday raised the prospect that unauthorized energy trading may have caused the $3.2 billion loss that sank the firm. Write to Brian Baskin at [email protected] http://online.wsj.com/article/SB1216...googlenews_wsj yesh!!! burn in hell witch! .