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    TOC: Human Organ Transplant Act - optimism despite concerns

    Just look at the chain of events for the recent Tang kidney for sale case and we can see the tone from the top. So long as you have money, it does not matter where you got the kidney from. And no need to ask because there is medical confidentiality involved. That is the wrong tone to set...
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    Kidney for sale case - Tang Wee Sung

    I have been following the case and was wondering how long does it take for this case to hit the courts. But right now already April and still no news and so I thought that I missed reading it in ST. I think you are correct - probably he will get out of it somehow. Otherwise why so long. If...
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    SM Goh Ask China To Better Supervise S-Chip Companies Listed In Spore

    why worry about Chinese Gov. It is Stock Exchange that should tighten the rules and regulations. If we have loose standards then expect such problems. We do not see as much of these problems with Chinese companies listed on the NYSE. It is all about the standards that we have.
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    Kidney for sale case - Tang Wee Sung

    Any news on what has happened to the last man to be charged in the kidney for sale case. I know one of the middleman is in jail and there was another yet to be charged. Last I heard he was due to be charge in Jan but no news. Or was he charged by ST did not report
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    Wheelock Place Parking Fee $4 for 25mins

    Wah your drive bus or prime mover. I think each bus is bet 9 liters to 11 liters in engine capacity. So if you have 5 buses that is $50K - enough for a small car.
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    Singapore’s GIC Loses S$50 Billion as Assets Tumble, WSJ Says

    Strategic leak of GIC info given the uproar over Temasek losses. Read the article, it is damage control.
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    GIC lost 41%? Accountabiliity please!

    When GIC/Temasek invested in Citi, ML and UBS it was already widely know that US financials were in deep trouble. How else can a SWF come in and sapu more that 5% stake. HSBC took in a $10B loss in household into its balance sheets. In fact at the time of the purchase there were new...
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    GIC lost 41%? Accountabiliity please!

    Down 41% in entirely possible. Take Berkshire. That is a very well run company with a huge cash hoard and a size comparable to GIC/Temasek - 52wk high $147K, low $74K current $88K. So I think GIC's 41% down is a good figure, probably also based on Nov prices just like temasek. In short I...
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    GIC lost 41%? Accountabiliity please!

    Reuters article on GIC dtd July 2006. They mentioned about getting higher returns (more risks), investing in hedge funds. Fast forward 1 year to July 2007 and we can see the entity taking big stakes in banks operating in a risky env (they needed GIC money because of weak balance sheets). I...
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    STI will fall to 1,200 perhaps 850

    GE in 2010/11. GE wave more powerful that Elliot Wave Remember that any fiscal measure will take at least 12 month to work its way through so look for lots of measures
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    Shell is PULLING OUT of Sg. GONE CASE!

    Poker game lah. Shell knows that Singapore is in recession.. They leak out such info and them come to our EDB and ask for more concessions and tax breaks.
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    USA is finished:9 States declare sovereignty

    Nonsense. Oklahoma is land locked. They succeed and they over night they are dependent on the US for access to overflight rights. Full of talk By the way if US does not want to pay their debt they just need to say so. What can the world do to them>
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    Fair and objective analysis of temasek

    Our spending 1/3 of our budget on military which comes to $10 to $11B - that alone is easily injecting lots of fund into ST Group. ST does all armament purchase (standard 10 to 20% commission). Supply of logistics support, etc. I think easily 40% of that $10B flows back into ST Group coffers.
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    $58 billion of your taxdollars gone down the drain!

    With enough time, coal will turn to diamonds.
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    CapitaLand shows it is ahead of the curve

    Very simple - they probably have loan covenants that require certain asset ratios. That $4B is not enough to offset write down in its asset. I think Capitaland can easily book impairment of its assets to the tune of $5B or more. Those Chinese real estate are probably down 60%. Their...
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    Breaking News!! HO Chin resign!

    With her experience in running a sovereign wealth fund, maybe she can take the post of CEO in GIC. That is one place she could get a job. Resume very suitable for that post.
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    Breaking News!! HO Chin resign!

    How about Merrill Lynch, Chartered Semi and many others
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    China's Debt Mount Up

    If the Chinese companies borrowed 2 trillion they must have bought 2 Trillion in assets. If they are forced to dump these asset, it will depress global assets even more
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    Hedging on oil prices: Airlines lose billions

    Majority of revenues for Chinese airlines are for domestic flights. As we know, the domestic market in China is huge. Chinese airlines buy all their fuel from the Chinese gov. Chinese fuel like the fuel prices in most 3rd world countries is subsidized to make domestic travel affordable...
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    China awash with fake 100 Yuan notes

    I am surprised that Chinese officials allowed this info to come out. I know that the US has a huge problem with fake currency. Remember that the US$ is an international currency so more reasons to fake it. Also the US$ is not exactly top notch in security although they have come out with...
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