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Showing posts from February, 2011

WTF?!! NUSSU has at least 3.1million in reserves?!!

Okay, I know this has nothing to do with my personal life but I am really curious about how they managed to store such a huge sum of money and leaving them untouched. I know the concept of rainy day but isn't the amt abit too large?!! I admit that I usually don't bother about this kind of stuff, but this is really news to me, despite kor kor telling us that they actually have money in reserves which they don't really use. I understand the need to put the money so as to earn more revenue, but I cannot comprehend that why do we have so much in our school's reserves? If that's any indication, we have been paying for more than what we need to for the past dunno how many years, since so much of the money is not being used for our welfare. Instead, they are being stored in the bank/tied up in investments and used to "grow more money" Not to mention the amt of money NUSSU has been spending on their posters ar. I heard ridiculous stories abt it too, and I think