That figure is higher than Najib 1MDB saga
Serious GIC Sells Its UBS Shares
- Thread starter ckmpd
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That figure is higher than Najib 1MDB saga
This is only UBS investment. Dont forget Lehman Brothers, Goldman Sachs, JP Morgan, Morgan Stanley
heard that Deutsche Bank is in bad shape. Wonder whether GIC and TH are vested either directly or indirectly
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If Dr Wong Ming Yang did not die so early, we would not have such a mess
The root causes of our mess is pap's greed and the 69.9%.
Heard that PAP lost at $20B in suzhou.
I see continual losses by the pap
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"They are an exceptional familiee." Goh Chok Tong.
Singaporeans must not believe the word of a running dog.
Look what Ho Ching has done to TH. Look what LHL has done to SG in the last 10years. Are they the calibre of an exceptional family?
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The someone would be the CPF account holders, who are a perpetual depositors to them, for every seconds, someone is working & earning a salary & depositing that to the CPF Accounts. These stakeholders, allowed the perceptually for voting the same people in decades & decades without an INDEPENDENT AUDITOR. Any check & balances they have, is like getting a 'drunk to manage a still' & getting a security personnel to guard the 'vault' with a set of keys, which has so many sets of duplicates...
That 'someone' is responsible, those 'investing for the loong term' is never held responsible....
The someone would be the CPF account holders, who are a perpetual depositors to them, for every seconds, someone is working & earning a salary & depositing that to the CPF Accounts. These stakeholders, allowed the perceptually for voting the same people in decades & decades without an INDEPENDENT AUDITOR. Any check & balances they have, is like getting a 'drunk to manage a still' & getting a security personnel to guard the 'vault' with a set of keys, which has so many sets of duplicates...
That 'someone' is responsible, those 'investing for the loong term' is never held responsible....
Good points. But shouldnt that someone be that person who invests carelessly and irresponsibly?
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Then promoted to President which was worse because he oversees 2 sovereign wealth funds now. Stomachsick and GIC
PAP wants a clueless yes-man to be President. To the pap, Tony is the perfect President.
This forum should be renamed "the daily reckoning".
Daily reckoning indeed
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That is only a paper gain...if one start selling large blocks of shares, the exchange regulators will definitely take note...what if the authority block the sale....that is called 'burning papers to the god'...like Dr. Mad Hater & KLSE 'pulling the plug on CLOB'..all your paper gain..will be 'burnt paper'...
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That is only a paper gain...if one start selling large blocks of shares, the exchange regulators will definitely take note...what if the authority block the sale....that is called 'burning papers to the god'...like Dr. Mad Hater & KLSE 'pulling the plug on CLOB'..all your paper gain..will be 'burnt paper'...
Dont worry we hve plenty Paper Generals in Spore to save us.
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any one who can lose so much even with 90%of all gamblers worldwide combined together can be considered exceptional
until it is realised, any paper gain is not counted
yes, exceptionally bad
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Does it matter when it's backed with constant inflow of cpf and citizens' money? It's like a gambler at casino given unlimited supply of other people's money. Losses are of little concern.
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