GIC lost $10 billion on UBS and declined comment, acceptable?

[Cruxx]

It's cause for celebration, methinks. The 60% are too brainwashed as it stands. They'll only wake up when the reserves are squandered away and the PAPzis start taxing inhalation and replacing traffic lights with ERP.

 

[Equalisation]

Good grief ..... I think the withdrawal age for the monthly cpf annuity will be pushed from 65 to 70 !!! It is infuriating to say the least for us !!!

 

[Forvendet]

Good grief ..... I think the withdrawal age for the monthly cpf annuity will be pushed from 65 to 70 !!! It is infuriating to say the least for us !!!

5 more years for you to do 500 squats every morning. :p

 

[Equalisation]

5 more years for you to do 500 squats every morning. :p

Oi .... I thought you went travelling (looking for puying) with your twin brother ??

 

[Forvendet]

Oi .... I thought you went travelling (looking for puying) with your twin brother ??

Traveling? Not now. Planning a trip with my wife and staff in December. Shut down the office for a week. Budget $500 subsidy per pax for a 5-day trip. Any good place to suggest?

 

[Equalisation]

Traveling? Not now. Planning a trip with my wife and staff in December. Shut down the office for a week. Budget $500 subsidy per pax for a 5-day trip. Any good place to suggest?

..... go hatyai ..... but $500 per pax only?, suggest u all stay in same room .....without your mother-in-law in motorised wheelchair tagging along

 

[Forvendet]

..... go hatyai ..... but $500 per pax only?, suggest u all stay in same room .....without your mother-in-law in motorised wheelchair tagging along

My MIL isn't going and please quit the joke; she's not in motorised wheelchair, she's very healthy now, more healthy than you. I'm thinking HK. $500 subsidy will cover half the cost on a typical $1,000 package for my staff. Not generous enough? I'm not a millionnaire running an MNC.

 

[GeylangCheongster]

Does anyone remember how much they bought the shares at and how much they are worth now?

GIC went in at 47.7 francs, now the shares are 10 francs. In other words they lost 80% of their original 11 billion investment = 8.7 billion francs. But they got bond payments of 2 billion. Therefore they lost 6.7 billion francs or about Sing$10 fucking billion!!!!!!!

 

[myo539]

If Worker's Party comes into power, or other Tans become President, the loss in this volatile environment will not be $10 billion - it will be $100 billion!