What’s your advice on UBS $10bln loss, TT?

[Confuseous]

Given the latest problem at UBS, a US$2bn “unauthorized” loss (anyone ever heard of an “authorized” loss?”, and Tony Tan’s boasting of his expertise, PM should ask him for advice on what to do with this long-term investment?

- http://atans1.wordpress.com/2011/09/16/whats-yr-advice-on-ubs-tt/

 

[wrcboi]

what to do?? it has happen.....an honest mistake .....supported all they way by daft sinkies with their spurs stuck in their hide

 

[myo539]

No brainer question - PM wouldn't bother. Repeat after repeats do not sink into your thick head. So one more time of repetitive answer doesn't make any difference.

One swallow doesn't make a summer. Investment by GIC and Temasek is not casino gambling - but long term investment congruent to their strategic thrusts. Compare the value over 10, 20 or 30 years and you will see the difference.

You need even at least 10 years to grow your pubic hair!