TEMASEK's investment in Citigroup and Bank of America ........TOTAL LOSS.............

[GOD IS MY DOG]

Imagine the fallout from a $600 trillion explosion if several banks went down at once..............the world's gross domestic product (GDP) is only about $65 trillion


Now, just four banks hold a staggering 95.9% of U.S. derivatives.............

JPMorgan Chase, Citigroup, Bank of America and Goldman Sachs Group.



that's why i said since 2004.....................GREAT DEPRESSION 2.0...............is gonna happen

 

[GOD IS MY DOG]

Re: TEMASEK's investment in Citigroup and Bank of America ........TOTAL LOSS.........

boh lang comment ah ?

 

[kopiuncle]

Re: TEMASEK's investment in Citigroup and Bank of America ........TOTAL LOSS.........

lan lah...come limkopi with me and singsongtalkcock.....great depression already in...we are just fooling ourselves...die die lah all die...even those with millions and billions will all perish like toilet paper!!!

 

[Windsor]

Re: TEMASEK's investment in Citigroup and Bank of America ........TOTAL LOSS.........

The will be a run of the banks by thousands of accounts come Nov 5th. They will close their accounts and put their monies in credit unions. The power of the 99 percenters. Anyway, how much interest can one lose when the rates are like 0.03%?

 

[Devil Within]

Re: TEMASEK's investment in Citigroup and Bank of America ........TOTAL LOSS.........

Temasek Holdings To Raise Up To S$800 Mln In Bond Issue
OCTOBER 17, 2011, 7:34 P.M. ET
SINGAPORE (Dow Jones)--Singapore state-investment firm Temasek Holdings Pte. Ltd. said Tuesday it could raise up to S$800 million ($629 million) via an issue of zero coupon bonds due 2014.

Temasek's wholly owned unit, Temasek Financial (III) Pte. Ltd., is issuing to institutional investors S$650 million in bonds that are exchangeable for the ordinary shares of Standard Chartered PLC (STAN.LN) at par value of US$0.50 each, the sovereign wealth fund said in a statement.

The transaction includes a greenshoe option that could raise the bond issue by an additional S$150 million, it added.

Temasek said it plans to use net proceeds to fund its ordinary course of business.

Bank of American Merrill Lynch is the lead manager, sole bookrunner, stabilizing manager and settlement agent for the deal.
http://online.wsj.com/article/BT-CO-20111017-715782.html

 

[vamjok]

Re: TEMASEK's investment in Citigroup and Bank of America ........TOTAL LOSS.........

on local news they say those are paper losses, they are going for long.

Now 2 days ago they selling bonds....shake head. when will they learn to just admit their mistake when they fuck it up?

 

[Capano2121]

Re: TEMASEK's investment in Citigroup and Bank of America ........TOTAL LOSS.........

on local news they say those are paper losses, they are going for long.

Now 2 days ago they selling bonds....shake head. when will they learn to just admit their mistake when they fuck it up?

Singapore was founded on "TRIAL & ERROR" they do the trying you pay for their errors!!! Period!!!! Any gain is their credit, all losses are your responsibility! These are the kind of govt that have been "VOTED" in!!!

 

[Cruxx]

Re: TEMASEK's investment in Citigroup and Bank of America ........TOTAL LOSS.........

If there are no losses, then I worry. Pain is necessary to excise the tumour of PAP.

 

[Cestbon]

Re: TEMASEK's investment in Citigroup and Bank of America ........TOTAL LOSS.........

Technically is bankrupt bank. If only half withdraw the money all bank will be bankrupt.