Breaking News, World News and Taiwan News.

FSC chair blasted for only holding meetings

TAIPEI, Taiwan -- Gordon Chen, chairman of the Financial Supervisory Commission, was blasted for “doing nothing but presiding over meetings” by a veteran Kuomintang lawmaker yesterday.

Lai Shyh-bao took Chen to task at a Legislative Yuan committee meeting for the “poor performance” of the FSC.

“We’ve heard,” Lai told Chen, “that you are calling meetings almost every day, sometimes until midnight.”

Meetings couldn’t stop the tumbling share prices on the Taipei stock market, Lai charged. In fact, he argued, Taipei suffered worst in the current worldwide financial crisis.

“You are doing nothing but preside over meetings, where no decisions are taken,” Lai protested. The only decisions Chen took, he added, was to call more meetings.

Chen denied he called meetings every day, though he admitted there was one night when the meeting continued after 1 a.m.

Subscribe to The China Post and save 25%. Click here
Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
Sponsors
Save 70% for hotel in Shanghai and 6000 hotels, in Beijing, Guangzhou, Shenzhen, and all China.
Get the best deals for Guangzhou Hotels or choose from more than 10,000 hotels in 499 Chinese cities.
Find great real time deals on China Flights. Book flights to China or China domestic flights 24/7.
Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search