You sound like ex-CEO of bank or economist ?
DO you know the details investment of Temasek and GIC ?
Otherwise, how are you going to comment ?
"baldeagle" <botakeagle@[EMAIL PROTECTED]
> wrote in message
news:9e98d783-d3f1-4ed6-a2d7-a937bd5b3cf0@[EMAIL PROTECTED]
Mar 18, 11:25 pm, "Observer" <observer...@[EMAIL PROTECTED]
> wrote:
> "baldeagle" <botakea...@[EMAIL PROTECTED]
> wrote in message
>
>
news:01a06cfb-b184-44b4-8b3e-221aaf4f534f@[EMAIL PROTECTED]
> On Mar 18, 6:19 pm, puttuma...@[EMAIL PROTECTED]
wrote:
>
>
>
> > Now our talents look for fools for what they have paid for UBS and
> > Merrill Lynch shares. A deal like that for BS is never made available
> > to foreigners. Don't know why they are so eager to get in, before the
> > dust settles.
> >" It is "a very deliberate policy initiative" to buy the assets
> >of financial firms to help it acquire expertise in its drive
> >to become a global financial centre. "
> >In short, Singa****e used the money to buy know-how,
> >expertise in investment banking, a knowledge-based
> >industry.
> >It is not only an investment in Merrill Lynch and UBS,
> >but an investment in Singa****e future.. towards becoming
> >a global financial centre.
> >Is it a wise move?...only time can tell.
>
> Olden days...they call it "tikam tikam"...or
> "anyhow try try" lar...
> Especially if you are not using your own
> money to try your luck.
> If it turns out good, you can claim credit,
> if fail, just call it "honest mistakes" and
> "what to do"...
> LOL.
>
Yes. It is "tikam tikam". it certainly is a risky
bet. ...no better than betting on a roulette
table ...the odd of winning is very slim.
Is this the way how reserves should be
managed and invested ?
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