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Friday, February 3, 2012

International Advisory Panel of MAS

Here is a list of the international advisory panel of MAS.
http://www.mas.gov.sg/about_us/IAP_Members.html

One member of the panel is the Chairman and CEO of Morgan Stanley. This is the bank that created the Pinnacle Notes that are sold to investors in Singapore. Morgan Stanley is now facing a class action taken in the New York courts on behalf of the Singapore investors for fraudulently creating the Notes, which has caused the investors to lose more than $100 million of their savings.


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