Discussion:
Temasek's Shin Corp investment going to the dogs ?
(too old to reply)
truth
2006-06-19 14:02:00 UTC
Permalink
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?

This purchase is turning into a nightmare for Temasek.
rinpoche
2006-06-19 15:57:40 UTC
Permalink
See how smart Thaksin is? So how's the "democratic movement" to oust a
"dictator" going so far?
Post by truth
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
This purchase is turning into a nightmare for Temasek.
truth
2006-06-20 13:08:43 UTC
Permalink
What glory is there for being good at CHEATING.
Post by rinpoche
See how smart Thaksin is? So how's the "democratic movement" to oust a
"dictator" going so far?
Post by truth
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
This purchase is turning into a nightmare for Temasek.
Chinese
2006-06-19 16:24:34 UTC
Permalink
We knew it from the start. Tell us what is new.
Post by truth
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
This purchase is turning into a nightmare for Temasek.
George Soros
2006-06-20 01:31:41 UTC
Permalink
Post by truth
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
This purchase is turning into a nightmare for Temasek.
So much so for super paid managers who clinched the deal.....
Was Due Diligence done???
Chinese
2006-06-20 06:06:01 UTC
Permalink
Post by George Soros
Post by truth
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
This purchase is turning into a nightmare for Temasek.
So much so for super paid managers who clinched the deal.....
Was Due Diligence done???
Yes. In the Bangkok gay bar.
George Soros
2006-06-20 12:13:08 UTC
Permalink
Post by Chinese
Post by George Soros
Post by truth
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
This purchase is turning into a nightmare for Temasek.
So much so for super paid managers who clinched the deal.....
Was Due Diligence done???
Yes. In the Bangkok gay bar.
cock or cunt check??
Observer
2006-06-20 11:14:00 UTC
Permalink
Post by George Soros
Post by truth
This purchase is turning into a nightmare for Temasek.
So much so for super paid managers who clinched the deal.....
Was Due Diligence done???
Hello...no need for due diligence when
you have "honest mistake" option and
"peanut" supporters...

Please grow up!
LOL.
George Soros
2006-06-20 12:13:49 UTC
Permalink
On Tue, 20 Jun 2006 19:14:00 +0800, "Observer"
Post by Observer
Post by George Soros
Post by truth
This purchase is turning into a nightmare for Temasek.
So much so for super paid managers who clinched the deal.....
Was Due Diligence done???
Hello...no need for due diligence when
you have "honest mistake" option and
"peanut" supporters...
Please grow up!
please fuckoff!!
Post by Observer
LOL.
Observer
2006-06-21 10:16:03 UTC
Permalink
Post by George Soros
Post by Observer
Hello...no need for due diligence when
you have "honest mistake" option and
"peanut" supporters...
Please grow up!
please fuckoff!!
Kah...kah...kah.
You don't own scs, you twit!
LOL.
Bald eagle
2006-06-20 02:00:20 UTC
Permalink
Post by truth
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
This purchase is turning into a nightmare for Temasek.
How much has Temasek lost ?
laidback
2006-06-20 02:16:57 UTC
Permalink
Billions!!!

http://www.asiaone.com/st/st_20060616_24748.html

Where did the money come from!??!

Somebody has to answer for this "strategic investment". Surely the elite
brains at Temasek should have known better. Heads must roll, starting from
the top?
Post by Bald eagle
Post by truth
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
This purchase is turning into a nightmare for Temasek.
How much has Temasek lost ?
Komin
2006-06-20 02:37:54 UTC
Permalink
This thread is a Mis-information .
Post by laidback
Billions!!!
http://www.asiaone.com/st/st_20060616_24748.html
Where did the money come from!??!
Somebody has to answer for this "strategic investment". Surely the elite
brains at Temasek should have known better. Heads must roll, starting from
the top?
Post by Bald eagle
Post by truth
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
This purchase is turning into a nightmare for Temasek.
How much has Temasek lost ?
Bald eagle
2006-06-20 03:24:35 UTC
Permalink
Temasek lost (28 billion bath) more than 1 billion Sin Dollars
over the Shin Corp shares, and another 1 billion (£370
millions) in Standchart shares. There must be other billion
dollar losses in other shares which is not known.

If individuals lost money in the share market, they
lost their house, cars, .....and they become bankrupt.
They have to suffer the penalty.

The CEO of Temasek is paid million a year in salary
and bonus. She made mistake and as a result Temasek
suffered losses of at least 2 BILLIONs dollars.

Will she be paid her million dollar salary and bonus.
I am sure nothing will happen to her and her job.

Why ? Is there an explanation !
Post by laidback
Billions!!!
http://www.asiaone.com/st/st_20060616_24748.html
Where did the money come from!??!
Somebody has to answer for this "strategic investment". Surely the elite
brains at Temasek should have known better. Heads must roll, starting from
the top?
Post by Bald eagle
Post by truth
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
This purchase is turning into a nightmare for Temasek.
How much has Temasek lost ?
Jock
2006-06-20 04:20:59 UTC
Permalink
This is what happens when you employ idiotic scholars who made investments
based on textbook formula alone. Worst still, when these bunch of idiots are
led by a frumpy Auntie. Clannish connection is no assurance when it involves
collosal amount of money. Now, everybody knows why we have been called
"SINKaPOOR" Question now is, will all these idiots be made accountable for
losing this huge amount of money or will they be rewarded with ever bigger
amount of salary and bonus?
Post by Bald eagle
Temasek lost (28 billion bath) more than 1 billion Sin Dollars
over the Shin Corp shares, and another 1 billion (£370
millions) in Standchart shares. There must be other billion
dollar losses in other shares which is not known.
If individuals lost money in the share market, they
lost their house, cars, .....and they become bankrupt.
They have to suffer the penalty.
The CEO of Temasek is paid million a year in salary
and bonus. She made mistake and as a result Temasek
suffered losses of at least 2 BILLIONs dollars.
Will she be paid her million dollar salary and bonus.
I am sure nothing will happen to her and her job.
Why ? Is there an explanation !
Post by laidback
Billions!!!
http://www.asiaone.com/st/st_20060616_24748.html
Where did the money come from!??!
Somebody has to answer for this "strategic investment". Surely the elite
brains at Temasek should have known better. Heads must roll, starting from
the top?
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
Post by Bald eagle
Post by laidback
Post by Bald eagle
Post by truth
This purchase is turning into a nightmare for Temasek.
How much has Temasek lost ?
George Soros
2006-06-20 05:23:48 UTC
Permalink
............honest mistake leh.
When CSJ makes it, it becomes serious mistake punishable by our Courts
Post by Jock
This is what happens when you employ idiotic scholars who made investments
based on textbook formula alone. Worst still, when these bunch of idiots are
led by a frumpy Auntie. Clannish connection is no assurance when it involves
collosal amount of money. Now, everybody knows why we have been called
"SINKaPOOR" Question now is, will all these idiots be made accountable for
losing this huge amount of money or will they be rewarded with ever bigger
amount of salary and bonus?
Post by Bald eagle
Temasek lost (28 billion bath) more than 1 billion Sin Dollars
over the Shin Corp shares, and another 1 billion (£370
millions) in Standchart shares. There must be other billion
dollar losses in other shares which is not known.
If individuals lost money in the share market, they
lost their house, cars, .....and they become bankrupt.
They have to suffer the penalty.
The CEO of Temasek is paid million a year in salary
and bonus. She made mistake and as a result Temasek
suffered losses of at least 2 BILLIONs dollars.
Will she be paid her million dollar salary and bonus.
I am sure nothing will happen to her and her job.
Why ? Is there an explanation !
Post by laidback
Billions!!!
http://www.asiaone.com/st/st_20060616_24748.html
Where did the money come from!??!
Somebody has to answer for this "strategic investment". Surely the elite
brains at Temasek should have known better. Heads must roll, starting
from
Post by Bald eagle
Post by laidback
the top?
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
Post by Bald eagle
Post by laidback
Post by Bald eagle
Post by truth
This purchase is turning into a nightmare for Temasek.
How much has Temasek lost ?
Chinese
2006-06-20 06:07:21 UTC
Permalink
Post by Jock
This is what happens when you employ idiotic scholars who made investments
based on textbook formula alone.
You know nuts about the case.
Bald eagle
2006-06-20 07:54:09 UTC
Permalink
Post by Chinese
Post by Jock
This is what happens when you employ idiotic scholars who made investments
based on textbook formula alone.
You know nuts about the case.
Obviously , you know better. I salute you.

In a MNC, the CEO would be fired immediately.

Please tell us what you know, and why the CEO
of Temasek does not have to punished for losing
over two cool billions dollars.

In fact, I hear no question be asked.
George Soros
2006-06-20 12:11:14 UTC
Permalink
Post by Bald eagle
Post by Chinese
Post by Jock
This is what happens when you employ idiotic scholars who made investments
based on textbook formula alone.
You know nuts about the case.
Obviously , you know better. I salute you.
In a MNC, the CEO would be fired immediately.
In Japan, the Chairman also needs to commit hari kiri....
Post by Bald eagle
Please tell us what you know, and why the CEO
of Temasek does not have to punished for losing
over two cool billions dollars.
In fact, I hear no question be asked.
truth
2006-06-20 13:12:02 UTC
Permalink
The simple reason is because overall Temasek is
doing OK despite the recent fiasco.
Post by Bald eagle
Post by Chinese
Post by Jock
This is what happens when you employ idiotic scholars who made investments
based on textbook formula alone.
You know nuts about the case.
Obviously , you know better. I salute you.
In a MNC, the CEO would be fired immediately.
Please tell us what you know, and why the CEO
of Temasek does not have to punished for losing
over two cool billions dollars.
In fact, I hear no question be asked.
Bald eagle
2006-06-22 01:12:38 UTC
Permalink
She is NOT doing fine. Recently she approved the
purchase of Standchart and Shin Corp shares
at billions of dollars. Her poor decision lead
to a lost of over 2 billions , a gigantic sum of money,
2% our national treasure is lost by her...If she did
not buy the shares, there would be no loss now.

It is not just a mere fiasco.

She is accountable and she should be fired. I do
not see any justification to keep her.
Post by truth
The simple reason is because overall Temasek is
doing OK despite the recent fiasco.
Post by Bald eagle
Post by Chinese
Post by Jock
This is what happens when you employ idiotic scholars who made investments
based on textbook formula alone.
You know nuts about the case.
Obviously , you know better. I salute you.
In a MNC, the CEO would be fired immediately.
Please tell us what you know, and why the CEO
of Temasek does not have to punished for losing
over two cool billions dollars.
In fact, I hear no question be asked.
Komin
2006-06-22 01:31:43 UTC
Permalink
Bald Eagle .
Temasek ' s purchase of the Chartered Standard bank' s shares was
a good judgement .
Post by Bald eagle
She is NOT doing fine. Recently she approved the
purchase of Standchart and Shin Corp shares
at billions of dollars. Her poor decision lead
to a lost of over 2 billions , a gigantic sum of money,
2% our national treasure is lost by her...If she did
not buy the shares, there would be no loss now.
It is not just a mere fiasco.
She is accountable and she should be fired. I do
not see any justification to keep her.
Post by truth
The simple reason is because overall Temasek is
doing OK despite the recent fiasco.
Post by Bald eagle
Post by Chinese
Post by Jock
This is what happens when you employ idiotic scholars who made investments
based on textbook formula alone.
You know nuts about the case.
Obviously , you know better. I salute you.
In a MNC, the CEO would be fired immediately.
Please tell us what you know, and why the CEO
of Temasek does not have to punished for losing
over two cool billions dollars.
In fact, I hear no question be asked.
Bald eagle
2006-06-22 07:54:23 UTC
Permalink
Post by Komin
Bald Eagle .
Temasek ' s purchase of the Chartered Standard bank' s shares was
a good judgement .
Losing one BILLION dollar now is good judgement !
Then what is bad judgement, ...losing all the $108 Billions
in Temasek ?
Komin
2006-06-22 10:16:38 UTC
Permalink
Bald Eagle , Temasek has not sold Standard Chartered Bank ' s
shares .

Temasek still holds on to Standard Chartered bank's shares .
Post by Bald eagle
Post by Komin
Bald Eagle .
Temasek ' s purchase of the Chartered Standard bank' s shares was
a good judgement .
Losing one BILLION dollar now is good judgement !
Then what is bad judgement, ...losing all the $108 Billions
in Temasek ?
Bald eagle
2006-06-22 22:13:54 UTC
Permalink
In share speculation, timing and judgement is of utmost
importance.

A good fund manger (who follow the markets, the US
and world economy closely), is expected to know
when to buy and when to sell.
Her judgement is highly questionable when she bought
Standchart's shares at HIGH prices, a few months
ago.

If she had kept the cash in the kitty, waited until now
(or even later) to buy the Stanchart shares, she would
have paid much less for the share, ....one billion dollar
less.
The loss is in the Temasek's fund holding, ....between
buying the share at high price and buying at low
price. Temasek has one billion dollars LESS in its
kitty now. This is the loss.

Not selling the shares now does not mean NO LOSS.

Her judgement is flawed and her in-experience in
share speculation is worse than 'house wife' speculators.
(I suspect, she listened too much to green horn juniors)
It clearly showed that she is a poor fund manager,
not suitable to be the CEO of Temasek.
Post by Komin
Bald Eagle , Temasek has not sold Standard Chartered Bank ' s
shares .
Temasek still holds on to Standard Chartered bank's shares .
Post by Bald eagle
Post by Komin
Bald Eagle .
Temasek ' s purchase of the Chartered Standard bank' s shares was
a good judgement .
Losing one BILLION dollar now is good judgement !
Komin
2006-06-23 00:19:28 UTC
Permalink
Bald Eagle ,

may be she got paid kick-back commisions ,she bought shares at
high price for a reason .
Post by Bald eagle
In share speculation, timing and judgement is of utmost
importance.
A good fund manger (who follow the markets, the US
and world economy closely), is expected to know
when to buy and when to sell.
Her judgement is highly questionable when she bought
Standchart's shares at HIGH prices, a few months
ago.
If she had kept the cash in the kitty, waited until now
(or even later) to buy the Stanchart shares, she would
have paid much less for the share, ....one billion dollar
less.
The loss is in the Temasek's fund holding, ....between
buying the share at high price and buying at low
price. Temasek has one billion dollars LESS in its
kitty now. This is the loss.
Not selling the shares now does not mean NO LOSS.
Her judgement is flawed and her in-experience in
share speculation is worse than 'house wife' speculators.
(I suspect, she listened too much to green horn juniors)
It clearly showed that she is a poor fund manager,
not suitable to be the CEO of Temasek.
Post by Komin
Bald Eagle , Temasek has not sold Standard Chartered Bank ' s
shares .
Temasek still holds on to Standard Chartered bank's shares .
Post by Bald eagle
Post by Komin
Bald Eagle .
Temasek ' s purchase of the Chartered Standard bank' s shares was
a good judgement .
Losing one BILLION dollar now is good judgement !
Bald eagle
2006-06-23 03:08:38 UTC
Permalink
Hi Komin,
You can be sued for suggesting she received kick backs.
I am sure, you are wrong.

She has bad judgement, lacked experience and fund
managing abilities.
In other words, she is not fit for the job.
Post by Komin
Bald Eagle ,
may be she got paid kick-back commisions ,she bought shares at
high price for a reason .
Post by Bald eagle
In share speculation, timing and judgement is of utmost
importance.
A good fund manger (who follow the markets, the US
and world economy closely), is expected to know
when to buy and when to sell.
Her judgement is highly questionable when she bought
Standchart's shares at HIGH prices, a few months
ago.
If she had kept the cash in the kitty, waited until now
(or even later) to buy the Stanchart shares, she would
have paid much less for the share, ....one billion dollar
less.
The loss is in the Temasek's fund holding, ....between
buying the share at high price and buying at low
price. Temasek has one billion dollars LESS in its
kitty now. This is the loss.
Not selling the shares now does not mean NO LOSS.
Her judgement is flawed and her in-experience in
share speculation is worse than 'house wife' speculators.
(I suspect, she listened too much to green horn juniors)
It clearly showed that she is a poor fund manager,
not suitable to be the CEO of Temasek.
Post by Komin
Bald Eagle , Temasek has not sold Standard Chartered Bank ' s
shares .
Temasek still holds on to Standard Chartered bank's shares .
Post by Bald eagle
Post by Komin
Bald Eagle .
Temasek ' s purchase of the Chartered Standard bank' s shares
was
a good judgement .
Losing one BILLION dollar now is good judgement !
lobert
2006-06-22 01:46:02 UTC
Permalink
You are looking only in short term, in long term,
the investment is important to Temasek.
Post by Bald eagle
She is NOT doing fine. Recently she approved the
purchase of Standchart and Shin Corp shares
at billions of dollars. Her poor decision lead
to a lost of over 2 billions , a gigantic sum of money,
2% our national treasure is lost by her...If she did
not buy the shares, there would be no loss now.
It is not just a mere fiasco.
She is accountable and she should be fired. I do
not see any justification to keep her.
Post by truth
The simple reason is because overall Temasek is
doing OK despite the recent fiasco.
Post by Bald eagle
Post by Chinese
Post by Jock
This is what happens when you employ idiotic scholars who made investments
based on textbook formula alone.
You know nuts about the case.
Obviously , you know better. I salute you.
In a MNC, the CEO would be fired immediately.
Please tell us what you know, and why the CEO
of Temasek does not have to punished for losing
over two cool billions dollars.
In fact, I hear no question be asked.
Bald eagle
2006-06-23 04:47:01 UTC
Permalink
Short term ???

In other word, a loss of over 2 billions is perfectly
alright, in the short term.
To bring your argument to its logical conclusion.....even
if she lost all the 108 billions in the kitty, it was still alright,
as long as it is over the short term. Flawed argument!

She made a serious mis-judgement when she decided
to invest billions in share of Standchart and Shin
Corp at HIGH prices. It does not matter, such gigantic
mistake, is committed on short term or the over long
term.

Yes, it is preferable to invest in shares in counters such
as Standchart.
The least she could do, as a fund manager, is to
look at the historical prices of counters.. ..at the
bottom of the cycle and at the top of the cycle,...
and look at the economy whether it is now at the
top of a boom or at the bottom cycle.
This is elementary in share speculation or fund
investments.
If she had done a due diligence, she would have
waited to go in....not rush in to buy at high prices.
You are looking only in short term, in long term, the investment is
important to Temasek.
Post by Bald eagle
She is NOT doing fine. Recently she approved the
purchase of Standchart and Shin Corp shares
at billions of dollars. Her poor decision lead
to a lost of over 2 billions , a gigantic sum of money,
2% our national treasure is lost by her...If she did
not buy the shares, there would be no loss now.
lobert
2006-06-24 03:36:56 UTC
Permalink
Did Temasek make losses in all investment, some
are strategic investment.
It is easy to talk about Historic Prices cycle but
not alway the right time or you will never see the
bottom .
Post by Bald eagle
Short term ???
In other word, a loss of over 2 billions is perfectly
alright, in the short term.
To bring your argument to its logical conclusion.....even
if she lost all the 108 billions in the kitty, it was still alright,
as long as it is over the short term. Flawed argument!
She made a serious mis-judgement when she decided
to invest billions in share of Standchart and Shin
Corp at HIGH prices. It does not matter, such gigantic
mistake, is committed on short term or the over long
term.
Yes, it is preferable to invest in shares in counters such
as Standchart.
The least she could do, as a fund manager, is to
look at the historical prices of counters.. ..at the
bottom of the cycle and at the top of the cycle,...
and look at the economy whether it is now at the
top of a boom or at the bottom cycle.
This is elementary in share speculation or fund
investments.
If she had done a due diligence, she would have
waited to go in....not rush in to buy at high prices.
You are looking only in short term, in long term, the investment is
important to Temasek.
Post by Bald eagle
She is NOT doing fine. Recently she approved the
purchase of Standchart and Shin Corp shares
at billions of dollars. Her poor decision lead
to a lost of over 2 billions , a gigantic sum of money,
2% our national treasure is lost by her...If she did
not buy the shares, there would be no loss now.
Bald eagle
2006-06-24 13:43:44 UTC
Permalink
Did Temasek make losses in all investment, some are strategic investment.
It is easy to talk about Historic Prices cycle but not alway the right
time or you will never see the bottom .
You missed the point.
Before you purchase shares , one of the things you
must do is to analyse the prices.

In the case of Standchart shares, for example, you
check the history prices, ie the lowest price sold
at bottom of the previous cycle, and the highest
price at the height of the boom cycle.
It would be foolish to buy the share, for long term
investment, at a price nearing the top.
One should buy the share, at bottom prices, and if this
is not possible at least near bottom.

The only exception to this rule, is when you intend
to make a bid to take over the bank, then you make
an offer at the prevailing prices, even at prices near
the top.
Temasek has NO intention of taking over Standchart.
lobert
2006-06-25 08:40:00 UTC
Permalink
Post by Bald eagle
Did Temasek make losses in all investment, some are strategic investment.
It is easy to talk about Historic Prices cycle but not alway the right
time or you will never see the bottom .
You missed the point.
Before you purchase shares , one of the things you
must do is to analyse the prices.
How do you know this was not done?
Post by Bald eagle
In the case of Standchart shares, for example, you
check the history prices, ie the lowest price sold
at bottom of the previous cycle, and the highest
price at the height of the boom cycle.
It would be foolish to buy the share, for long term
investment, at a price nearing the top.
One should buy the share, at bottom prices, and if this
is not possible at least near bottom.
Hehe! If buying and selling share is so easy -
quote "the lowest price sold at bottom of the
previous cycle, and the highest price at the
height of the boom cycle" unquote, all we need is
a computer.
Post by Bald eagle
The only exception to this rule, is when you intend
to make a bid to take over the bank, then you make
an offer at the prevailing prices, even at prices near
the top.
Temasek has NO intention of taking over Standchart.
And you think Temasek is just like those "punters"
in the Singapore and Malaysian stock exchange?
The Bishop
2006-06-25 09:46:42 UTC
Permalink
Post by lobert
Post by Bald eagle
Did Temasek make losses in all investment, some are strategic investment.
It is easy to talk about Historic Prices cycle but not alway the right
time or you will never see the bottom .
You missed the point.
Before you purchase shares , one of the things you
must do is to analyse the prices.
How do you know this was not done?
Post by Bald eagle
In the case of Standchart shares, for example, you
check the history prices, ie the lowest price sold
at bottom of the previous cycle, and the highest
price at the height of the boom cycle.
It would be foolish to buy the share, for long term
investment, at a price nearing the top.
One should buy the share, at bottom prices, and if this
is not possible at least near bottom.
Hehe! If buying and selling share is so easy -
quote "the lowest price sold at bottom of the
previous cycle, and the highest price at the
height of the boom cycle" unquote, all we need is
a computer.
The software used was a bit old, with patches not installed properly.
When buy it showed hold and when sell it showed buy more ....
Bald eagle
2006-06-25 10:59:31 UTC
Permalink
Post by lobert
Post by Bald eagle
Did Temasek make losses in all investment, some are strategic investment.
It is easy to talk about Historic Prices cycle but not alway the right
time or you will never see the bottom .
You missed the point.
Before you purchase shares , one of the things you
must do is to analyse the prices.
How do you know this was not done?
If it was done, the CEO would have to justify
buying at the high price. She would know that
it is NOT justifiable. She would NOT have
purchased the Standchart' share at HIGH prices.

Any fund manager worthed his salt will not have
made a booboo like her.
Post by lobert
Post by Bald eagle
In the case of Standchart shares, for example, you
check the history prices, ie the lowest price sold
at bottom of the previous cycle, and the highest
price at the height of the boom cycle.
It would be foolish to buy the share, for long term
investment, at a price nearing the top.
One should buy the share, at bottom prices, and if this
is not possible at least near bottom.
Hehe! If buying and selling share is so easy - quote "the lowest price
sold at bottom of the previous cycle, and the highest price at the height
of the boom cycle" unquote, all we need is a computer.
Who says it is easy....I have always maintained
the job of a good fund manager is much more than
a store keeper of animal feed(reserve fund).
Doing a price analysis is the basic essential first step
required in any consideration.... to buy or not to buy
decision.
Other assessments (performing a due deligence) then
follow.

The fund managers at Temasek is either negligent
or inexperienced to have purchased Standchart'
share at high prices.
Now Temasek is paying a high price for their mistake.
Post by lobert
Post by Bald eagle
The only exception to this rule, is when you intend
to make a bid to take over the bank, then you make
an offer at the prevailing prices, even at prices near
the top.
Temasek has NO intention of taking over Standchart.
And you think Temasek is just like those "punters" in the Singapore and
Malaysian stock exchange?
I think that the CEO of Temasek is a lousy fund
manager.
lobert
2006-06-25 12:11:38 UTC
Permalink
I heard that the father, son and holy ghost has now
been replaced by the father, son and Hoching
So! Don't expect any explanation.
Post by Bald eagle
Post by lobert
Post by Bald eagle
Did Temasek make losses in all investment, some are strategic investment.
It is easy to talk about Historic Prices cycle but not alway the right
time or you will never see the bottom .
You missed the point.
Before you purchase shares , one of the things you
must do is to analyse the prices.
How do you know this was not done?
If it was done, the CEO would have to justify
buying at the high price. She would know that
it is NOT justifiable. She would NOT have
purchased the Standchart' share at HIGH prices.
Any fund manager worthed his salt will not have
made a booboo like her.
Post by lobert
Post by Bald eagle
In the case of Standchart shares, for example, you
check the history prices, ie the lowest price sold
at bottom of the previous cycle, and the highest
price at the height of the boom cycle.
It would be foolish to buy the share, for long term
investment, at a price nearing the top.
One should buy the share, at bottom prices, and if this
is not possible at least near bottom.
Hehe! If buying and selling share is so easy - quote "the lowest price
sold at bottom of the previous cycle, and the highest price at the height
of the boom cycle" unquote, all we need is a computer.
Who says it is easy....I have always maintained
the job of a good fund manager is much more than
a store keeper of animal feed(reserve fund).
Doing a price analysis is the basic essential first step
required in any consideration.... to buy or not to buy
decision.
Other assessments (performing a due deligence) then
follow.
The fund managers at Temasek is either negligent
or inexperienced to have purchased Standchart'
share at high prices.
Now Temasek is paying a high price for their mistake.
Post by lobert
Post by Bald eagle
The only exception to this rule, is when you intend
to make a bid to take over the bank, then you make
an offer at the prevailing prices, even at prices near
the top.
Temasek has NO intention of taking over Standchart.
And you think Temasek is just like those "punters" in the Singapore and
Malaysian stock exchange?
I think that the CEO of Temasek is a lousy fund
manager.
Bald eagle
2006-06-26 10:27:03 UTC
Permalink
Post by lobert
I heard that the father, son and holy ghost has now
been replaced by the father, son and Hoching
So! Don't expect any explanation.
Careful, you can be sued for saying such things.

When wearing the hat of the CEO Temasek, she is
NOT to be treated as the wife of the PM nor the
daughter-in-law of LKY.
She is NOT entitled to extra favours if and when
she made serious mistake. Temasek must explain
the reason why she is not fired.
I am sure, she was appointed on her personal merits....
not because of her special relationship with the PM.

To be fair, even the wife of the PM has the RIGHT to
work for a living. It is unfair to say, without proof,
such unsubstantiated insinuation.
Komin
2006-06-26 10:36:41 UTC
Permalink
Temasek is loosing money on these shares , because Temasek

still has these shares Standard Chartered Bank and Shin . .
Post by Bald eagle
Post by lobert
I heard that the father, son and holy ghost has now
been replaced by the father, son and Hoching
So! Don't expect any explanation.
Careful, you can be sued for saying such things.
When wearing the hat of the CEO Temasek, she is
NOT to be treated as the wife of the PM nor the
daughter-in-law of LKY.
She is NOT entitled to extra favours if and when
she made serious mistake. Temasek must explain
the reason why she is not fired.
I am sure, she was appointed on her personal merits....
not because of her special relationship with the PM.
To be fair, even the wife of the PM has the RIGHT to
work for a living. It is unfair to say, without proof,
such unsubstantiated insinuation.
lobert
2006-06-26 22:57:31 UTC
Permalink
Post by Bald eagle
Post by lobert
I heard that the father, son and holy ghost has now
been replaced by the father, son and Hoching
So! Don't expect any explanation.
Careful, you can be sued for saying such things.
When wearing the hat of the CEO Temasek, she is
NOT to be treated as the wife of the PM nor the
daughter-in-law of LKY.
She is NOT entitled to extra favours if and when
she made serious mistake. Temasek must explain
the reason why she is not fired.
I am sure, she was appointed on her personal merits....
not because of her special relationship with the PM.
To be fair, even the wife of the PM has the RIGHT to
work for a living. It is unfair to say, without proof,
such unsubstantiated insinuation.
I have nothing against her. Yes, "even the wife of
the PM has the RIGHT to
work for a living" if she is a professional and
works independently from the
government linked jobs.
ardeedee
2006-06-28 14:12:10 UTC
Permalink
Is she working in govt linked jobs ? Temasek?
Post by lobert
Post by Bald eagle
Post by lobert
I heard that the father, son and holy ghost has now
been replaced by the father, son and Hoching
So! Don't expect any explanation.
Careful, you can be sued for saying such things.
When wearing the hat of the CEO Temasek, she is
NOT to be treated as the wife of the PM nor the
daughter-in-law of LKY.
She is NOT entitled to extra favours if and when
she made serious mistake. Temasek must explain
the reason why she is not fired.
I am sure, she was appointed on her personal merits....
not because of her special relationship with the PM.
To be fair, even the wife of the PM has the RIGHT to
work for a living. It is unfair to say, without proof,
such unsubstantiated insinuation.
I have nothing against her. Yes, "even the wife of
the PM has the RIGHT to
work for a living" if she is a professional and
works independently from the
government linked jobs.
truth
2006-06-22 04:55:18 UTC
Permalink
u forgot that she also made over $5 billion in her
investments in bank in china.
Post by Bald eagle
She is NOT doing fine. Recently she approved the
purchase of Standchart and Shin Corp shares
at billions of dollars. Her poor decision lead
to a lost of over 2 billions , a gigantic sum of money,
2% our national treasure is lost by her...If she did
not buy the shares, there would be no loss now.
It is not just a mere fiasco.
She is accountable and she should be fired. I do
not see any justification to keep her.
Post by truth
The simple reason is because overall Temasek is
doing OK despite the recent fiasco.
Post by Bald eagle
Post by Chinese
Post by Jock
This is what happens when you employ idiotic scholars who made investments
based on textbook formula alone.
You know nuts about the case.
Obviously , you know better. I salute you.
In a MNC, the CEO would be fired immediately.
Please tell us what you know, and why the CEO
of Temasek does not have to punished for losing
over two cool billions dollars.
In fact, I hear no question be asked.
Bald eagle
2006-06-23 04:51:22 UTC
Permalink
She is expected to make money for Temasek in
her job. She is also expected NOT to lose money,
huge sum over poor decision.

Eg. An airline can make money, billions, year after
year, but when the CEO make a gigantic loss, his
head will go. It is as simple as ABC.
Post by truth
u forgot that she also made over $5 billion in her
investments in bank in china.
Post by Bald eagle
She is NOT doing fine. Recently she approved the
purchase of Standchart and Shin Corp shares
at billions of dollars. Her poor decision lead
to a lost of over 2 billions , a gigantic sum of money,
2% our national treasure is lost by her...If she did
not buy the shares, there would be no loss now.
It is not just a mere fiasco.
She is accountable and she should be fired. I do
not see any justification to keep her.
Post by truth
The simple reason is because overall Temasek is
doing OK despite the recent fiasco.
Post by Bald eagle
Post by Chinese
Post by Jock
This is what happens when you employ idiotic scholars who made investments
based on textbook formula alone.
You know nuts about the case.
Obviously , you know better. I salute you.
In a MNC, the CEO would be fired immediately.
Please tell us what you know, and why the CEO
of Temasek does not have to punished for losing
over two cool billions dollars.
In fact, I hear no question be asked.
Zanzibar
2006-06-20 10:37:25 UTC
Permalink
The paper loss of about 38 per cent on its investment, or about 28 billion
baht is hugh.

This 38% below purchase value 5 is coincidentally is the same as the value
of the propety is now still below the purchase price in 1996.

So 38 is a bad luck number for singapore
Post by Bald eagle
Temasek lost (28 billion bath) more than 1 billion Sin Dollars
over the Shin Corp shares, and another 1 billion (£370
millions) in Standchart shares. There must be other billion
dollar losses in other shares which is not known.
If individuals lost money in the share market, they
lost their house, cars, .....and they become bankrupt.
They have to suffer the penalty.
The CEO of Temasek is paid million a year in salary
and bonus. She made mistake and as a result Temasek
suffered losses of at least 2 BILLIONs dollars.
Will she be paid her million dollar salary and bonus.
I am sure nothing will happen to her and her job.
Why ? Is there an explanation !
Post by laidback
Billions!!!
http://www.asiaone.com/st/st_20060616_24748.html
Where did the money come from!??!
Somebody has to answer for this "strategic investment". Surely the elite
brains at Temasek should have known better. Heads must roll, starting from
the top?
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
Post by Bald eagle
Post by laidback
Post by Bald eagle
Post by truth
This purchase is turning into a nightmare for Temasek.
How much has Temasek lost ?
The Bishop
2006-06-20 12:08:43 UTC
Permalink
On Tue, 20 Jun 2006 03:37:25 -0700, "Zanzibar"
Post by Zanzibar
The paper loss of about 38 per cent on its investment, or about 28 billion
baht is hugh.
This 38% below purchase value 5 is coincidentally is the same as the value
of the propety is now still below the purchase price in 1996.
So 38 is a bad luck number for singapore
Even Ah Pek at worst don't lose more than 20%, they will say stay away
and better stay at home yeo lam pah .......... Any decent angmoh
country will see an inquiry into it, something with Larry King as the
house speaker .......
Post by Zanzibar
Post by Bald eagle
Temasek lost (28 billion bath) more than 1 billion Sin Dollars
over the Shin Corp shares, and another 1 billion (£370
millions) in Standchart shares. There must be other billion
dollar losses in other shares which is not known.
If individuals lost money in the share market, they
lost their house, cars, .....and they become bankrupt.
They have to suffer the penalty.
The CEO of Temasek is paid million a year in salary
and bonus. She made mistake and as a result Temasek
suffered losses of at least 2 BILLIONs dollars.
Will she be paid her million dollar salary and bonus.
I am sure nothing will happen to her and her job.
Why ? Is there an explanation !
Post by laidback
Billions!!!
http://www.asiaone.com/st/st_20060616_24748.html
Where did the money come from!??!
Somebody has to answer for this "strategic investment". Surely the elite
brains at Temasek should have known better. Heads must roll, starting
from
Post by Bald eagle
Post by laidback
the top?
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
Post by Bald eagle
Post by laidback
Post by Bald eagle
Post by truth
This purchase is turning into a nightmare for Temasek.
How much has Temasek lost ?
Zanzibar
2006-06-20 16:12:22 UTC
Permalink
It's madness o lose so much money. Maybe they did not have enough spendig of
time and giving of attention in the
managing of the affairs of businesses of Temasek.
Post by The Bishop
On Tue, 20 Jun 2006 03:37:25 -0700, "Zanzibar"
Post by Zanzibar
The paper loss of about 38 per cent on its investment, or about 28 billion
baht is hugh.
This 38% below purchase value 5 is coincidentally is the same as the value
of the propety is now still below the purchase price in 1996.
So 38 is a bad luck number for singapore
Even Ah Pek at worst don't lose more than 20%, they will say stay away
and better stay at home yeo lam pah .......... Any decent angmoh
country will see an inquiry into it, something with Larry King as the
house speaker .......
Post by Zanzibar
Post by Bald eagle
Temasek lost (28 billion bath) more than 1 billion Sin Dollars
over the Shin Corp shares, and another 1 billion (£370
millions) in Standchart shares. There must be other billion
dollar losses in other shares which is not known.
If individuals lost money in the share market, they
lost their house, cars, .....and they become bankrupt.
They have to suffer the penalty.
The CEO of Temasek is paid million a year in salary
and bonus. She made mistake and as a result Temasek
suffered losses of at least 2 BILLIONs dollars.
Will she be paid her million dollar salary and bonus.
I am sure nothing will happen to her and her job.
Why ? Is there an explanation !
Post by laidback
Billions!!!
http://www.asiaone.com/st/st_20060616_24748.html
Where did the money come from!??!
Somebody has to answer for this "strategic investment". Surely the elite
brains at Temasek should have known better. Heads must roll, starting
from
Post by Bald eagle
Post by laidback
the top?
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
Post by Zanzibar
Post by Bald eagle
Post by laidback
Post by Bald eagle
Post by truth
This purchase is turning into a nightmare for Temasek.
How much has Temasek lost ?
The Bishop
2006-06-23 13:04:40 UTC
Permalink
On Tue, 20 Jun 2006 09:12:22 -0700, "Zanzibar"
Post by Zanzibar
It's madness o lose so much money. Maybe they did not have enough spendig of
time and giving of attention in the
managing of the affairs of businesses of Temasek.
You can try issuing bonds and call them Michael Milken
"Zanzibar-coupon" junk bonds .......... LOL
Post by Zanzibar
Post by The Bishop
On Tue, 20 Jun 2006 03:37:25 -0700, "Zanzibar"
Post by Zanzibar
The paper loss of about 38 per cent on its investment, or about 28
billion
Post by The Bishop
Post by Zanzibar
baht is hugh.
This 38% below purchase value 5 is coincidentally is the same as the
value
Post by The Bishop
Post by Zanzibar
of the propety is now still below the purchase price in 1996.
So 38 is a bad luck number for singapore
Even Ah Pek at worst don't lose more than 20%, they will say stay away
and better stay at home yeo lam pah .......... Any decent angmoh
country will see an inquiry into it, something with Larry King as the
house speaker .......
Post by Zanzibar
Post by Bald eagle
Temasek lost (28 billion bath) more than 1 billion Sin Dollars
over the Shin Corp shares, and another 1 billion (£370
millions) in Standchart shares. There must be other billion
dollar losses in other shares which is not known.
If individuals lost money in the share market, they
lost their house, cars, .....and they become bankrupt.
They have to suffer the penalty.
The CEO of Temasek is paid million a year in salary
and bonus. She made mistake and as a result Temasek
suffered losses of at least 2 BILLIONs dollars.
Will she be paid her million dollar salary and bonus.
I am sure nothing will happen to her and her job.
Why ? Is there an explanation !
Post by laidback
Billions!!!
http://www.asiaone.com/st/st_20060616_24748.html
Where did the money come from!??!
Somebody has to answer for this "strategic investment". Surely the
elite
Post by The Bishop
Post by Zanzibar
Post by Bald eagle
Post by laidback
brains at Temasek should have known better. Heads must roll, starting
from
Post by Bald eagle
Post by laidback
the top?
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
Post by Zanzibar
Post by Bald eagle
Post by laidback
Post by Bald eagle
Post by truth
This purchase is turning into a nightmare for Temasek.
How much has Temasek lost ?
truth
2006-06-20 13:13:09 UTC
Permalink
Harry's house is No. 38. How come he has been
booming for the last 50 years ?
Post by Zanzibar
The paper loss of about 38 per cent on its investment, or about 28 billion
baht is hugh.
This 38% below purchase value 5 is coincidentally is the same as the value
of the propety is now still below the purchase price in 1996.
So 38 is a bad luck number for singapore
Post by Bald eagle
Temasek lost (28 billion bath) more than 1 billion Sin Dollars
over the Shin Corp shares, and another 1 billion (£370
millions) in Standchart shares. There must be other billion
dollar losses in other shares which is not known.
If individuals lost money in the share market, they
lost their house, cars, .....and they become bankrupt.
They have to suffer the penalty.
The CEO of Temasek is paid million a year in salary
and bonus. She made mistake and as a result Temasek
suffered losses of at least 2 BILLIONs dollars.
Will she be paid her million dollar salary and bonus.
I am sure nothing will happen to her and her job.
Why ? Is there an explanation !
Post by laidback
Billions!!!
http://www.asiaone.com/st/st_20060616_24748.html
Where did the money come from!??!
Somebody has to answer for this "strategic investment". Surely the elite
brains at Temasek should have known better. Heads must roll, starting
from
Post by Bald eagle
Post by laidback
the top?
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
Post by Bald eagle
Post by laidback
Post by Bald eagle
Post by truth
This purchase is turning into a nightmare for Temasek.
How much has Temasek lost ?
truth
2006-06-20 13:10:35 UTC
Permalink
They also made $5 billion book profit on their holdings of
China Bank shares.
Post by Bald eagle
Temasek lost (28 billion bath) more than 1 billion Sin Dollars
over the Shin Corp shares, and another 1 billion (£370
millions) in Standchart shares. There must be other billion
dollar losses in other shares which is not known.
If individuals lost money in the share market, they
lost their house, cars, .....and they become bankrupt.
They have to suffer the penalty.
The CEO of Temasek is paid million a year in salary
and bonus. She made mistake and as a result Temasek
suffered losses of at least 2 BILLIONs dollars.
Will she be paid her million dollar salary and bonus.
I am sure nothing will happen to her and her job.
Why ? Is there an explanation !
Post by laidback
Billions!!!
http://www.asiaone.com/st/st_20060616_24748.html
Where did the money come from!??!
Somebody has to answer for this "strategic investment". Surely the elite
brains at Temasek should have known better. Heads must roll, starting
from the top?
Post by Bald eagle
Post by truth
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
This purchase is turning into a nightmare for Temasek.
How much has Temasek lost ?
o***@email.com
2006-06-20 04:30:43 UTC
Permalink
Post by Bald eagle
Post by truth
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
This purchase is turning into a nightmare for Temasek.
How much has Temasek lost ?
Aiyah, only $370 million wiped out. Peanuts compared to Micropolis.
George Soros
2006-06-20 05:24:26 UTC
Permalink
Post by Bald eagle
Post by truth
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
This purchase is turning into a nightmare for Temasek.
How much has Temasek lost ?
last count was beyond the scales of my fingers and toes....
Feelers
2006-06-20 06:35:31 UTC
Permalink
the question is : what can s'poreans do?
NOTHING.
NOTHING.
NOTHING.

until...
Post by truth
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
This purchase is turning into a nightmare for Temasek.
laidback
2006-06-20 12:45:13 UTC
Permalink
Can...vote PAP lor!
Post by Feelers
the question is : what can s'poreans do?
NOTHING.
NOTHING.
NOTHING.
until...
Post by truth
http://business-times.asia1.com.sg/sub/latest/story/0,4574,199056,00.html?
This purchase is turning into a nightmare for Temasek.
Bald eagle
2006-06-20 07:59:23 UTC
Permalink
Post by Chinese
Post by Jock
This is what happens when you employ idiotic scholars who made
investments
based on textbook formula alone.
You know nuts about the case.
Obviously , you know better. I salute you.

In a MNC, the CEO would be fired immediately.

Please tell us what you know, and why the CEO
of Temasek does not have to be punished for losing
over two cool BILLIONS dollars.

In fact, I hear no question been asked by the press
who reported the losses.

http://www.asiaone.com/st/st_20060616_24748.html
Chinese
2006-06-20 15:00:16 UTC
Permalink
Post by Bald eagle
In a MNC, the CEO would be fired immediately.
Please tell us what you know, and why the CEO
of Temasek does not have to be punished for losing
over two cool BILLIONS dollars.
Because Temasek is not an MNC.
Bald eagle
2006-06-20 15:33:47 UTC
Permalink
Post by Chinese
Post by Bald eagle
In a MNC, the CEO would be fired immediately.
Please tell us what you know, and why the CEO
of Temasek does not have to be punished for losing
over two cool BILLIONS dollars.
Because Temasek is not an MNC.
The CEO is paid like the CEOs of MNC.
She enjoys more perks and better bonus.
The CEO of MNC, and all other CEOs
of public organisation are held accountable for
their decisions and actions.
Why NOT the CEO of Temasek ?
Chinese
2006-06-20 15:47:17 UTC
Permalink
Post by Bald eagle
The CEO is paid like the CEOs of MNC.
She enjoys more perks and better bonus.
The CEO of MNC, and all other CEOs
of public organisation are held accountable for
their decisions and actions.
Why NOT the CEO of Temasek ?
Because Temasek is not an MNC.
Bald eagle
2006-06-20 21:08:53 UTC
Permalink
Post by Chinese
Post by Bald eagle
The CEO is paid like the CEOs of MNC.
She enjoys more perks and better bonus.
The CEO of MNC, and all other CEOs
of public organisation are held accountable for
their decisions and actions.
Why NOT the CEO of Temasek ?
Because Temasek is not an MNC.
It is an MNC. It operates in Thailand and China.
Komin
2006-06-21 00:05:34 UTC
Permalink
Temasek is a political animal .

so don' t be fooled by this short term pricing ,

the Xingapore government is using Temasek as a political
leverage for dealing with ASEAN states .

this is a short term pricing to fool the Thai -s .

the Chinese race inside the ASEAN nations want to get their
money out from Indonesia , Thailand , Malaysia ,Philipines and put
into Xingapore for safe deposits .
Post by Bald eagle
Post by Chinese
Post by Bald eagle
The CEO is paid like the CEOs of MNC.
She enjoys more perks and better bonus.
The CEO of MNC, and all other CEOs
of public organisation are held accountable for
their decisions and actions.
Why NOT the CEO of Temasek ?
Because Temasek is not an MNC.
It is an MNC. It operates in Thailand and China.
Bald eagle
2006-06-21 08:52:08 UTC
Permalink
Post by Komin
Temasek is a political animal .
Temasek is a commercial organisation, an Asia
investment company, started from Singapore.
It is NOT political.
see http://www.temasekholdings.com.sg/
Post by Komin
so don' t be fooled by this short term pricing ,
Out of a global portfolio of S$103 billion, it lost over
$2 billions in a week (over 2 %). This is serious ....(not short
term pricing losses) and if the market melt down even
further, it will suffer gigantic losses.
Temasek may not survive.....and all its stable of companies
including SIA, DBS, Singtel may be shaky.
Post by Komin
the Xingapore government is using Temasek as a political
leverage for dealing with ASEAN states .
Your perception is wrong. No political leverage can be gained
by the government using Temasek. It is another MNCs operating
commerically in countries in Asia, nothing more.
Post by Komin
this is a short term pricing to fool the Thai -s .
Thaksin is NOT fooled. He has collected his two
Billions US dollars, in hard CASH and stash it away
in a Swiss Bank account.
In one week, Temasek lost over 1 billions in Shin Corp
shares. Temasek is fooled.
Post by Komin
the Chinese race inside the ASEAN nations want to get their
money out from Indonesia , Thailand , Malaysia ,Philipines and put
into Xingapore for safe deposits .
DBS, for over 20 years, has served as a banker for
businessmen in Asia, for trade and business development,
and also to serve as a "mini Swiss bank" where their
money is safe.
Asian Businessmen trust the financial strength
and political stability of Singapore, to keep their
money with DBS. It serve them well and it benifited
Singapore.
But if it lose big bucks, this confidence in DBS and
Singapore may wear thin......

It has NOTHING to do with the Chinese race. You
look at everything with the Chinese coloured glasses.
It is not healthy.
Post by Komin
Post by Bald eagle
Post by Chinese
Post by Bald eagle
The CEO is paid like the CEOs of MNC.
She enjoys more perks and better bonus.
The CEO of MNC, and all other CEOs
of public organisation are held accountable for
their decisions and actions.
Why NOT the CEO of Temasek ?
Because Temasek is not an MNC.
It is an MNC. It operates in Thailand and China.
Komin
2006-06-22 00:44:32 UTC
Permalink
Bald Eagle ,

Temasek is a political animal ,
irrespective of what you have said .

the Chinese race living in SE Asia trust the Xingapore banking
system ,

In SE Asia ,
one must look at everything based on Races .
Post by Bald eagle
Post by Komin
Temasek is a political animal .
Temasek is a commercial organisation, an Asia
investment company, started from Singapore.
It is NOT political.
see http://www.temasekholdings.com.sg/
Post by Komin
so don' t be fooled by this short term pricing ,
Out of a global portfolio of S$103 billion, it lost over
$2 billions in a week (over 2 %). This is serious ....(not short
term pricing losses) and if the market melt down even
further, it will suffer gigantic losses.
Temasek may not survive.....and all its stable of companies
including SIA, DBS, Singtel may be shaky.
Post by Komin
the Xingapore government is using Temasek as a political
leverage for dealing with ASEAN states .
Your perception is wrong. No political leverage can be gained
by the government using Temasek. It is another MNCs operating
commerically in countries in Asia, nothing more.
Post by Komin
this is a short term pricing to fool the Thai -s .
Thaksin is NOT fooled. He has collected his two
Billions US dollars, in hard CASH and stash it away
in a Swiss Bank account.
In one week, Temasek lost over 1 billions in Shin Corp
shares. Temasek is fooled.
Post by Komin
the Chinese race inside the ASEAN nations want to get their
money out from Indonesia , Thailand , Malaysia ,Philipines and put
into Xingapore for safe deposits .
DBS, for over 20 years, has served as a banker for
businessmen in Asia, for trade and business development,
and also to serve as a "mini Swiss bank" where their
money is safe.
Asian Businessmen trust the financial strength
and political stability of Singapore, to keep their
money with DBS. It serve them well and it benifited
Singapore.
But if it lose big bucks, this confidence in DBS and
Singapore may wear thin......
It has NOTHING to do with the Chinese race. You
look at everything with the Chinese coloured glasses.
It is not healthy.
Post by Komin
Post by Bald eagle
Post by Chinese
Post by Bald eagle
The CEO is paid like the CEOs of MNC.
She enjoys more perks and better bonus.
The CEO of MNC, and all other CEOs
of public organisation are held accountable for
their decisions and actions.
Why NOT the CEO of Temasek ?
Because Temasek is not an MNC.
It is an MNC. It operates in Thailand and China.
Bald eagle
2006-06-22 07:27:09 UTC
Permalink
To be rational, or to be racist....the choice is
yours.

It is much more difficult to be rational and logical
in our thinking and in things we utter.

Racist don't need intelligence, they see things with
jaundice eyes and with emotions.
People usually reject racist ideas and action.

If you are racist, you must be prepared to
be the butts of jokes, and ridicules.
Post by Komin
Bald Eagle ,
one must look at everything based on Races .
ardeedee
2006-07-01 09:21:41 UTC
Permalink
Racism can remain latent and undetected for several years or even decades.
Post by Bald eagle
To be rational, or to be racist....the choice is
yours.
It is much more difficult to be rational and logical
in our thinking and in things we utter.
Racist don't need intelligence, they see things with
jaundice eyes and with emotions.
People usually reject racist ideas and action.
If you are racist, you must be prepared to
be the butts of jokes, and ridicules.
Post by Komin
Bald Eagle ,
one must look at everything based on Races .
George Soros
2006-06-21 05:36:25 UTC
Permalink
Post by Chinese
Post by Bald eagle
The CEO is paid like the CEOs of MNC.
She enjoys more perks and better bonus.
The CEO of MNC, and all other CEOs
of public organisation are held accountable for
their decisions and actions.
Why NOT the CEO of Temasek ?
Because Temasek is not an MNC.
...much like becos you are NOT chinese
AleXX
2006-06-20 18:08:11 UTC
Permalink
On Tue, 20 Jun 2006 23:33:47 +0800, "Bald eagle"
Post by Bald eagle
The CEO is paid like the CEOs of MNC.
She enjoys more perks and better bonus.
The CEO of MNC, and all other CEOs
of public organisation are held accountable for
their decisions and actions.
Why NOT the CEO of Temasek ?
Which MNC you want to compare its holdings with?
Bald eagle
2006-06-21 09:04:46 UTC
Permalink
Post by AleXX
On Tue, 20 Jun 2006 23:33:47 +0800, "Bald eagle"
Post by Bald eagle
The CEO is paid like the CEOs of MNC.
She enjoys more perks and better bonus.
The CEO of MNC, and all other CEOs
of public organisation are held accountable for
their decisions and actions.
Why NOT the CEO of Temasek ?
Which MNC you want to compare its holdings with?
Not a comparison of its holdings.
but a comparison of its rewards and
punishment system for their respective
CEOs.

If a CEO booboo....she is accountable...
she should resign or be fired. (of course
not as drastic as to commit hara-kiri )

Unless of course, there are overwhelming
reasons to justify keeping her.
I don't know..... Do you?
AleXX
2006-06-21 15:22:39 UTC
Permalink
On Wed, 21 Jun 2006 17:04:46 +0800, "Bald eagle"
Post by Bald eagle
Post by AleXX
Which MNC you want to compare its holdings with?
Not a comparison of its holdings.
but a comparison of its rewards and
punishment system for their respective
CEOs.
If a CEO booboo....she is accountable...
she should resign or be fired. (of course
not as drastic as to commit hara-kiri )
Unless of course, there are overwhelming
reasons to justify keeping her.
I don't know..... Do you?
Bear in mind, CEO in this particular context is more like the
"store-keeper" i.e the person who holds the key to the
barn.....not in the true context of a CEO as in an MNC.

As your "complaint" seems to suggest, you'd rather hire a top
notch foreign CEO to run Temasek... but the question remains of
whether you're willing to pay him the millions of $ salary plus
many other perks, options, contract and bonuses.....because they
don't come in cheap, yet devoid of any guarantees he would make
profits for you in the next 3 years.
I think this had been tried several times in Spore <e.g DBS, NOL>
with varying results, not all of them good.

Many CEOs in the West have been fired or replaced because they
did not perform as expected, but they left smiling with hefty
options and bonuses.....then seek other top paying jobs....there
is no guarantee a change of CEO would bring in immediate profits
to any MNC or even to Temasek.

Lastly bear in mind, the barn's contents of dried grass are akin
to what the cows - Sporeans - will depend on when Winter sets in,
frankly, can you see any good reasons for the farmer to entrust
the key to the barn for the winter months to a total stranger, in
preference to his own daughter?

I can't, can you?
Bald eagle
2006-06-22 00:45:40 UTC
Permalink
Post by AleXX
On Wed, 21 Jun 2006 17:04:46 +0800, "Bald eagle"
Post by Bald eagle
Post by AleXX
Which MNC you want to compare its holdings with?
Not a comparison of its holdings.
but a comparison of its rewards and
punishment system for their respective
CEOs.
If a CEO booboo....she is accountable...
she should resign or be fired. (of course
not as drastic as to commit hara-kiri )
Unless of course, there are overwhelming
reasons to justify keeping her.
I don't know..... Do you?
Bear in mind, CEO in this particular context is more like the
"store-keeper"
Is the job of the CEO like "store-keeper" ? Certainly
NOT.
A "captain of a ship" was appointed with pay equal
to CEO of other MNCs and perks better than
other MNCs.
She is responsible for sailing the ship safely through all
rough waters and heavy seas in all storms.
She failed as the capt of Temasek....
She should resign and be fired, like other CEOs.
Post by AleXX
As your "complaint" seems to suggest, you'd rather hire a top
notch foreign CEO to run Temasek...
I did not suggest getting a foreigner. They cannot be trusted
to handle our national treasure, our hard earned savings.
An ex minister was the CEO before her. There are many
other locals with proven ability, such as JYM Pillay,
Dr. Cheong Choon Kong, Lim Chin Beng, and other
ex ministers......
Post by AleXX
........ willing to pay him the millions of $ salary plus
many other perks, options, contract and bonuses.....
Pay is not the matter, ....the 2 billions lost by her is
enough to employ many able and good CEOs.
Any way, can you show that she is paid any less.
Post by AleXX
Lastly bear in mind, the barn's contents of dried grass are akin
to what the cows - Sporeans - will depend on when Winter sets in,
frankly, can you see any good reasons for the farmer to entrust
the key to the barn for the winter months to a total stranger, in
preference to his own daughter?
Temasek is NOT equal a store of animal feed, where the
person in charge is a trusted person to ensure no stranger
steal the feed. It is much more and much larger.

It is a commercial organisation with a portfolios of over S$ 108
BILLIONS, also overseeing GLCs like SIA, DBS, Singtel. A
professional CEO with extensive experience and track record
of looking after such a large organisation, with the necessary
talent and ability should be the CEO.
Are you saying the current CEO is a dud, knowing only how to
safe guard a barn of animal feed ?
If she is a dud, than she should be fired immediately and
the government has to explain why she ( a dud) was appointed.
Komin
2006-06-22 01:12:04 UTC
Permalink
Balld Eagle ,

2 Billion US$ lost is on paper accounting only ,

Temasek still keeps the Shinawatra shares ,in the next few years ,
the Shin shares will increase its pricing again .

This is a short term rigged market pricing to calm down the Thai
people .

Temasek is a political animal .
Post by Bald eagle
Post by AleXX
On Wed, 21 Jun 2006 17:04:46 +0800, "Bald eagle"
Post by Bald eagle
Post by AleXX
Which MNC you want to compare its holdings with?
Not a comparison of its holdings.
but a comparison of its rewards and
punishment system for their respective
CEOs.
If a CEO booboo....she is accountable...
she should resign or be fired. (of course
not as drastic as to commit hara-kiri )
Unless of course, there are overwhelming
reasons to justify keeping her.
I don't know..... Do you?
Bear in mind, CEO in this particular context is more like the
"store-keeper"
Is the job of the CEO like "store-keeper" ? Certainly
NOT.
A "captain of a ship" was appointed with pay equal
to CEO of other MNCs and perks better than
other MNCs.
She is responsible for sailing the ship safely through all
rough waters and heavy seas in all storms.
She failed as the capt of Temasek....
She should resign and be fired, like other CEOs.
Post by AleXX
As your "complaint" seems to suggest, you'd rather hire a top
notch foreign CEO to run Temasek...
I did not suggest getting a foreigner. They cannot be trusted
to handle our national treasure, our hard earned savings.
An ex minister was the CEO before her. There are many
other locals with proven ability, such as JYM Pillay,
Dr. Cheong Choon Kong, Lim Chin Beng, and other
ex ministers......
Post by AleXX
........ willing to pay him the millions of $ salary plus
many other perks, options, contract and bonuses.....
Pay is not the matter, ....the 2 billions lost by her is
enough to employ many able and good CEOs.
Any way, can you show that she is paid any less.
Post by AleXX
Lastly bear in mind, the barn's contents of dried grass are akin
to what the cows - Sporeans - will depend on when Winter sets in,
frankly, can you see any good reasons for the farmer to entrust
the key to the barn for the winter months to a total stranger, in
preference to his own daughter?
Temasek is NOT equal a store of animal feed, where the
person in charge is a trusted person to ensure no stranger
steal the feed. It is much more and much larger.
It is a commercial organisation with a portfolios of over S$ 108
BILLIONS, also overseeing GLCs like SIA, DBS, Singtel. A
professional CEO with extensive experience and track record
of looking after such a large organisation, with the necessary
talent and ability should be the CEO.
Are you saying the current CEO is a dud, knowing only how to
safe guard a barn of animal feed ?
If she is a dud, than she should be fired immediately and
the government has to explain why she ( a dud) was appointed.
AleXX
2006-06-22 10:44:02 UTC
Permalink
On Thu, 22 Jun 2006 08:45:40 +0800, "Bald eagle"
Post by Bald eagle
Is the job of the CEO like "store-keeper" ? Certainly
NOT.
In Temasek's context...Yes definitely, it is NOT selling any
particular brand of products nor it is manufacturing any products
to sell, it is an investment arm. There is a difference between
running KFC, Coca-Cola, HP, Tiger beer, and keeping "dried grass"
for the Spore cows to eat and depend on when and if winter months
set in.

Everybody worth his salt knows that, bigger returns mean bigger
risks....steady/small returns have lesser risks.... every
investment carries with it certain risks and certain
profits/losses.

Temasek is NOT an MNC in the normal context, no matter how you
want to look at it as one, for the lack of better words to
describe it, it is just a barn for the cows....me & you are the
cows.
Post by Bald eagle
A "captain of a ship" was appointed with pay equal
to CEO of other MNCs and perks better than
other MNCs.
She is responsible for sailing the ship safely through all
rough waters and heavy seas in all storms.
She failed as the capt of Temasek....
She should resign and be fired, like other CEOs.
Where is the specific failure? where is the success? yes somebody
is there as a "captain" to steer it safely, the fact remains it
is sailing all over the world, and it's only natural it will be
subjected to the ocean's tides, currents and weather
conditions.....on some days, the ship can go 25 knots, but if it
hits a typhoon, it will only do 5 knots.
Post by Bald eagle
Post by AleXX
As your "complaint" seems to suggest, you'd rather hire a top
notch foreign CEO to run Temasek...
I did not suggest getting a foreigner. They cannot be trusted
to handle our national treasure, our hard earned savings.
An ex minister was the CEO before her. There are many
other locals with proven ability, such as JYM Pillay,
Dr. Cheong Choon Kong, Lim Chin Beng, and other
ex ministers......
So what make you conclude that this people are not in the "inner
circle" of advisors? I'd bet you Lim Chin Beng/Pillay would be
consulted for advice, suggestion when their knowledge/expertise
in the aviation field are required, what made you think Temasek
will just make decisions on its own? isn't that your own
conjecture, something you believe to be happening?
Post by Bald eagle
It is a commercial organisation with a portfolios of over S$ 108
BILLIONS, also overseeing GLCs like SIA, DBS, Singtel. A
professional CEO with extensive experience and track record
of looking after such a large organisation, with the necessary
talent and ability should be the CEO.
yeah like who? with such big portfolios, what you need most is
someone whose loyalty is beyond doubts.....if you cannot trust
your own daughter, then who can you trust? Warren Buffet? George
Soros? Sultan of Brunei? maybe Dr Mathathir & Tun Daim?
Post by Bald eagle
Are you saying the current CEO is a dud, knowing only how to
safe guard a barn of animal feed ?
Friend, if you have a vault full of gold ingots, who would you
rather give the key to? simple example: I am the sole signatory
of the company's cheques for past 10 years....the other directors
and shareholders have full trust nothing would go amiss...not
even $1.....they can sleep easy.
Post by Bald eagle
If she is a dud, than she should be fired immediately and
the government has to explain why she ( a dud) was appointed.
I would vote she stays where she is, I'd rather have her guarding
the barn than any glamorous, jet-set, big boobs female CEO that I
cannot trust. But I hasten to add, she is not doing a fantastic
job, but then all the cows can sleep easy every night knowing she
is there, and she goes home to have dinner with her
husband......that's all we want.....LOL LOL :=)
Zanzibar
2006-06-22 15:51:46 UTC
Permalink
Does it mean Temasek is more like putting fixed deposit here and putting
deposit there and hoping for the best that there will be a good return on
it - like punting some money into buying 4D and hoping some winning?.
Post by AleXX
On Thu, 22 Jun 2006 08:45:40 +0800, "Bald eagle"
Post by Bald eagle
Is the job of the CEO like "store-keeper" ? Certainly
NOT.
In Temasek's context...Yes definitely, it is NOT selling any
particular brand of products nor it is manufacturing any products
to sell, it is an investment arm. There is a difference between
running KFC, Coca-Cola, HP, Tiger beer, and keeping "dried grass"
for the Spore cows to eat and depend on when and if winter months
set in.
Everybody worth his salt knows that, bigger returns mean bigger
risks....steady/small returns have lesser risks.... every
investment carries with it certain risks and certain
profits/losses.
Temasek is NOT an MNC in the normal context, no matter how you
want to look at it as one, for the lack of better words to
describe it, it is just a barn for the cows....me & you are the
cows.
Post by Bald eagle
A "captain of a ship" was appointed with pay equal
to CEO of other MNCs and perks better than
other MNCs.
She is responsible for sailing the ship safely through all
rough waters and heavy seas in all storms.
She failed as the capt of Temasek....
She should resign and be fired, like other CEOs.
Where is the specific failure? where is the success? yes somebody
is there as a "captain" to steer it safely, the fact remains it
is sailing all over the world, and it's only natural it will be
subjected to the ocean's tides, currents and weather
conditions.....on some days, the ship can go 25 knots, but if it
hits a typhoon, it will only do 5 knots.
Post by Bald eagle
Post by AleXX
As your "complaint" seems to suggest, you'd rather hire a top
notch foreign CEO to run Temasek...
I did not suggest getting a foreigner. They cannot be trusted
to handle our national treasure, our hard earned savings.
An ex minister was the CEO before her. There are many
other locals with proven ability, such as JYM Pillay,
Dr. Cheong Choon Kong, Lim Chin Beng, and other
ex ministers......
So what make you conclude that this people are not in the "inner
circle" of advisors? I'd bet you Lim Chin Beng/Pillay would be
consulted for advice, suggestion when their knowledge/expertise
in the aviation field are required, what made you think Temasek
will just make decisions on its own? isn't that your own
conjecture, something you believe to be happening?
Post by Bald eagle
It is a commercial organisation with a portfolios of over S$ 108
BILLIONS, also overseeing GLCs like SIA, DBS, Singtel. A
professional CEO with extensive experience and track record
of looking after such a large organisation, with the necessary
talent and ability should be the CEO.
yeah like who? with such big portfolios, what you need most is
someone whose loyalty is beyond doubts.....if you cannot trust
your own daughter, then who can you trust? Warren Buffet? George
Soros? Sultan of Brunei? maybe Dr Mathathir & Tun Daim?
Post by Bald eagle
Are you saying the current CEO is a dud, knowing only how to
safe guard a barn of animal feed ?
Friend, if you have a vault full of gold ingots, who would you
rather give the key to? simple example: I am the sole signatory
of the company's cheques for past 10 years....the other directors
and shareholders have full trust nothing would go amiss...not
even $1.....they can sleep easy.
Post by Bald eagle
If she is a dud, than she should be fired immediately and
the government has to explain why she ( a dud) was appointed.
I would vote she stays where she is, I'd rather have her guarding
the barn than any glamorous, jet-set, big boobs female CEO that I
cannot trust. But I hasten to add, she is not doing a fantastic
job, but then all the cows can sleep easy every night knowing she
is there, and she goes home to have dinner with her
husband......that's all we want.....LOL LOL :=)
Bald eagle
2006-06-22 21:35:57 UTC
Permalink
Post by AleXX
On Thu, 22 Jun 2006 08:45:40 +0800, "Bald eagle"
Post by Bald eagle
Is the job of the CEO like "store-keeper" ? Certainly
NOT.
In Temasek's context...Yes definitely, it is NOT selling any
particular brand of products nor it is manufacturing any products
to sell, it is an investment arm. There is a difference between
running KFC, Coca-Cola, HP, Tiger beer, and keeping "dried grass"
for the Spore cows to eat and depend on when and if winter months
set in.
Just because Temasek is not selling or manufacturing any
product, the job of its CEO is like a "store keeper" ?
Investment bankers, Hedge Fund managers, and
Insurance fund managers are all "store keepers",
people whose job are merely to look after animal feed!

Ha ha ha .....

Assuming you are right......this CEO can't even perform
a simple job satisfactorily.... she lost 2 bilions under her
watch, .....she should be fired.

The rest of your posting is in the same vein,...statements
of strange assertions and totally with logic.
AleXX
2006-06-22 18:16:09 UTC
Permalink
On Thu, 22 Jun 2006 08:45:40 +0800, "Bald eagle"
Post by Bald eagle
Are you saying the current CEO is a dud, knowing only how to
safe guard a barn of animal feed ?
do you think it is an easy job to safeguard a barn from hungry
thieves and prowling animals? remember the one you put out as a
candidate for public lynching over a water tap.......LOL
Post by Bald eagle
If she is a dud, than she should be fired immediately and
the government has to explain why she ( a dud) was appointed.
easier said than done, assuming they take your advice, who do you
wish to appoint as the captain? and how are you going to ensure
he has the midas touch and the guarantee to make more moneys for
the cows......?
Bald eagle
2006-06-23 03:03:52 UTC
Permalink
Post by AleXX
On Thu, 22 Jun 2006 08:45:40 +0800, "Bald eagle"
Post by Bald eagle
Are you saying the current CEO is a dud, knowing only how to
safe guard a barn of animal feed ?
do you think it is an easy job to safeguard a barn from hungry
thieves and prowling animals? remember the one you put out as a
candidate for public lynching over a water tap.......LOL
My point exactly, ...it is not an easy job to run a
multi-billion-dollar organisation. The CEO must
have proven ability and honestly.

She did NOT have proven ability.

As for the bloke who took charity money to pay himself
'peanuts' and his lavish lifestlye, his outfit it very tiny, a couple
of hundred millions, when compare to over 100 BILLIONS
of Temasek.
Though he is NOT honest, he was better than her in ability.
Even Minister had praised him as the "Best Fund raiser".

The CEO of Temasek is NOT the "best Fund Manager"......
she is probably right at the bottom.
Post by AleXX
Post by Bald eagle
If she is a dud, than she should be fired immediately and
the government has to explain why she ( a dud) was appointed.
easier said than done, assuming they take your advice, who do you
wish to appoint as the captain? and how are you going to ensure
he has the midas touch and the guarantee to make more moneys for
the cows......?
There are excellent fund managers in Singapore with proven
track records. CEOs of Banks, chief of CPF, Monetary Authority,
and government investment agencies........and of course, ex Ministers,
and retired CEOs of large GLCs.
For example, Dr. Cheong successfully managed SIA for over a
decades, (with income of over 5 billions yearly), and I understand a
local bank grabbed him when he retired from SIA.
AleXX
2006-06-24 17:52:48 UTC
Permalink
On Fri, 23 Jun 2006 11:03:52 +0800, "Bald eagle"
Post by Bald eagle
There are excellent fund managers in Singapore with proven
track records. CEOs of Banks, chief of CPF, Monetary Authority,
and government investment agencies........and of course, ex Ministers,
and retired CEOs of large GLCs.
For example, Dr. Cheong successfully managed SIA for over a
decades, (with income of over 5 billions yearly), and I understand a
local bank grabbed him when he retired from SIA.
Yours and my opinions are on different wave-lengths.....I don't
see the parallel between any MNCs and Temasek....Dr. Cheng was
selling a "product", an ailine to be precise, fund managers have
come and go, they are good while they lasted....and some have
left their investors in the lurch.....Temasek may not be making
as much money as you or some people may wished, but it is still
an instituion that commands great respect in the financial
world....every body will rush and claim they could do better jbs
with the money....again what made you think some of these top
notch local fund local or foreign managers from Credit Suisse,
UNS, Deutche Bank , Banque Paribas do not make calls and present
their case through their laptop's PPS software at Temeasek?
Bald eagle
2006-06-25 05:46:19 UTC
Permalink
Post by AleXX
On Fri, 23 Jun 2006 11:03:52 +0800, "Bald eagle"
Post by Bald eagle
There are excellent fund managers in Singapore with proven
track records. CEOs of Banks, chief of CPF, Monetary Authority,
and government investment agencies........and of course, ex Ministers,
and retired CEOs of large GLCs.
For example, Dr. Cheong successfully managed SIA for over a
decades, (with income of over 5 billions yearly), and I understand a
local bank grabbed him when he retired from SIA.
Yours and my opinions are on different wave-lengths.....I don't
see the parallel between any MNCs and Temasek....Dr. Cheng was
selling a "product", an ailine to be precise, fund managers have
come and go, they are good while they lasted...
SIA is sitting on a mountain of reserves, in tens of billions, in
shares and without fail, SIA made millions from its share
portfolio every year.
As the CEO of SIA and, by training, a mathematician/statistician,
Dr Cheong has proven to be an excellent fund manager, in addition
to being an excellent Airline manager.
It is for this reason, why a local bank grabbed him when
retired from SIA a couple of years ago.

There are fund managers and ther are fund managers. Successful
fund managers are like Soros, Bruce Stanley Kovner,
David Gerstenhaber, D. Shaw, Doug Kass...they are
legends in the fund management industry. (Not storekeeper
of a barn of animal feed)
There are only a few good fund managers in Singapore
now working with local banks, proven to very successful.
The term Fund Manager to those who manages billions
in portfolio.
Others are nothing but failed share speculators. To call them
fund managers is an insult to the term.
Zanzibar
2006-06-25 17:00:31 UTC
Permalink
In my opinion Temasek can be contrue as MNC..Even though most local people
in Singapore may perceive MNC as manufacutring-based compnay, but in reality
MNC can also be perceived as other companies other than being manufacturing
alone. Since Temasek is a deversified conglomerate, it can be akin to
compnay like colonial capital which bought the Raffles hotte chains, or can
be akin to Goldman Sach. But when one compares with these US companies,
Temasek is not worthy to shout about. So in a way the CEO is responsible.if
the country is to develop as first world's job accountabilty standard.
Post by AleXX
On Fri, 23 Jun 2006 11:03:52 +0800, "Bald eagle"
Post by Bald eagle
There are excellent fund managers in Singapore with proven
track records. CEOs of Banks, chief of CPF, Monetary Authority,
and government investment agencies........and of course, ex Ministers,
and retired CEOs of large GLCs.
For example, Dr. Cheong successfully managed SIA for over a
decades, (with income of over 5 billions yearly), and I understand a
local bank grabbed him when he retired from SIA.
Yours and my opinions are on different wave-lengths.....I don't
see the parallel between any MNCs and Temasek....Dr. Cheng was
selling a "product", an ailine to be precise, fund managers have
come and go, they are good while they lasted....and some have
left their investors in the lurch.....Temasek may not be making
as much money as you or some people may wished, but it is still
an instituion that commands great respect in the financial
world....every body will rush and claim they could do better jbs
with the money....again what made you think some of these top
notch local fund local or foreign managers from Credit Suisse,
UNS, Deutche Bank , Banque Paribas do not make calls and present
their case through their laptop's PPS software at Temeasek?
Tony
2006-06-23 03:51:02 UTC
Permalink
When you have a frumpy Auntie running sophisticate investments, this is what
you get. Her team of scholars use book formula that do not work in the real
world!
Post by Bald eagle
Post by AleXX
On Tue, 20 Jun 2006 23:33:47 +0800, "Bald eagle"
Post by Bald eagle
The CEO is paid like the CEOs of MNC.
She enjoys more perks and better bonus.
The CEO of MNC, and all other CEOs
of public organisation are held accountable for
their decisions and actions.
Why NOT the CEO of Temasek ?
Which MNC you want to compare its holdings with?
Not a comparison of its holdings.
but a comparison of its rewards and
punishment system for their respective
CEOs.
If a CEO booboo....she is accountable...
she should resign or be fired. (of course
not as drastic as to commit hara-kiri )
Unless of course, there are overwhelming
reasons to justify keeping her.
I don't know..... Do you?
Bald eagle
2006-06-23 04:30:33 UTC
Permalink
Post by Tony
When you have a frumpy Auntie running sophisticate investments, this is what
you get. Her team of scholars use book formula that do not work in the real
world!
Now, that this "aunty" proved to be no good,
why is she not punished or fired. Does she
stay until all the money in the kitty is lost.

This is the interesting twist.
Post by Tony
Post by Bald eagle
Post by AleXX
On Tue, 20 Jun 2006 23:33:47 +0800, "Bald eagle"
Post by Bald eagle
The CEO is paid like the CEOs of MNC.
She enjoys more perks and better bonus.
The CEO of MNC, and all other CEOs
of public organisation are held accountable for
their decisions and actions.
Why NOT the CEO of Temasek ?
Which MNC you want to compare its holdings with?
Not a comparison of its holdings.
but a comparison of its rewards and
punishment system for their respective
CEOs.
If a CEO booboo....she is accountable...
she should resign or be fired. (of course
not as drastic as to commit hara-kiri )
Unless of course, there are overwhelming
reasons to justify keeping her.
I don't know..... Do you?
Ventura
2006-06-22 03:45:12 UTC
Permalink
Post by Bald eagle
Post by Chinese
Post by Jock
This is what happens when you employ idiotic scholars who made investments
based on textbook formula alone.
You know nuts about the case.
Obviously , you know better. I salute you.
In a MNC, the CEO would be fired immediately.
Please tell us what you know, and why the CEO
of Temasek does not have to be punished for losing
over two cool BILLIONS dollars.
In fact, I hear no question been asked by the press
who reported the losses.
http://www.asiaone.com/st/st_20060616_24748.html
You should firat analyze who is controlling the press?
Bald eagle
2006-06-23 03:31:17 UTC
Permalink
Post by Ventura
Post by Bald eagle
Post by Chinese
Post by Jock
This is what happens when you employ idiotic scholars who made investments
based on textbook formula alone.
You know nuts about the case.
Obviously , you know better. I salute you.
In a MNC, the CEO would be fired immediately.
Please tell us what you know, and why the CEO
of Temasek does not have to be punished for losing
over two cool BILLIONS dollars.
In fact, I hear no question been asked by the press
who reported the losses.
http://www.asiaone.com/st/st_20060616_24748.html
You should firat analyze who is controlling the press?
You don't need an in-depth analysis to know who
control the press.

This idiot claim to know why the CEO of Temasek
was not fired for losing big bucks.
I asked him to tell us........may be he was just boasting !
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