If this doesn't outrage you, nothing will.

[leetahbar]

http://www.baldingsworld.com/2012/10/03/the-average-52-million-temasek-employee/

 

[leetahbar]

If this doesn't outrage you, nothing will.




The Average $52 million Temasek Employee | Balding's World

www.baldingsworld.com

The Average $52 million Temasek EmployeePosted onOctober 3, 2012byThe ManMore than most professions, the pay of financial service professionals is or should be tied to their performance. It is easy to quantify the returns the investments they recommend return and easy

 

[Scrooball (clone)]

Doesn't outrage me

 

[streetsmart73]

hi there


1. cavey!
2. the answer to your outrage: 2016

 

[Scrooball (clone)]

2016 will be just another sequel to the Die Hard series. U think Bruce Willis will die?

 

[streetsmart73]

hi there


1. hahaha!
2. only time can tell mah.
3. what goes up will come down too!
4. nobody lives forever including some broken record.

 

[3WhiteTiger]

Nothing outrage me more than this!!:oIo:

 

[Cruxx]

Doesn't outrage me

Not surprising at all. Singaporeans have small minds. They'd rather spend their time focusing on lift upgrading than holding those who wasted billions of public funds accountable.

 

[djent]

From the article :

"Even though Goldman Sachs manages $762 billion USD more than Temasek while employing 31,900 more people its non-financial operating costs are only 34% higher. To put this in perspective, the average operating cost of employing someone at Goldman Sachs is $864,181 SGD. The average operating cost of employing those 400 employees at Temasek: $52,141,276 per employee! It is 60 times more expensive to employ someone at Temasek Holdings than Goldman Sachs and 94 times more expensive than Morgan Stanley."

I am resigned to this kind of crap spilling out now and then. Not much people will bother, we are a minority here. People are more concerned about the value of their housing, schools their kids will go to and where to go for holidays.

People, these days are only ruled by fear and greed and very little else. Not even an economic crash so severe that housing values get wiped out will wake people up, the govt is beyond reproach, people will just blame themselves for not cashing out sooner.

Hopeless.

 

[soIsee]

Not surprising at all. Singaporeans have small minds. They'd rather spend their time focusing on lift upgrading than holding those who wasted billions of public funds accountable.

Even if these Sinkie peasants knew that these excecutive were and are juicing their CPF to pay their huge bonuses, they are not 'outraged'.

Cos these Sinkie can't do ANYTHING about it!

 

[leetahbar]

no wonder our PM's pay is derived from the same perspective and formula: the smallest cuntry with the most astronomically paid pinky.

 

[Cruxx]

Even if these Sinkie peasants knew that these excecutive were and are juicing their CPF to pay their huge bonuses, they are not 'outraged'.

Cos these Sinkie can't do ANYTHING about it!

Sinkies are born to be slaves. "Freedom" is a Western invention. Asians don't need nor care for freedom.

 

[Cruxx]

It's nauseating to read some of the antagonistic comments in that blog. The 60% are going all out to discredit the good professor in order to preserve the undeserved reputation of their dear PAP.

 

[myo539]

hi there


1. cavey!
2. the answer to your outrage: 2016

You are waiting for Sam to stand for erection?
There is already a Sam in Parliament.

 

[Fook Seng]

Temasek will tell you they do not measure returns over one year. Neither do they measure it over 5 years. They look only at long term returns which is the average return from time immemorial which means that their investment staff will continue to receive annual bonuses even if they currently perform below their hurdle rate for the next 10 years. Do they have any vacancy in their investment team?

 

[winnipegjets]

"The average operating cost of employing those 400 employees at Temasek: $52,141,276 per employee! It is 60 times more expensive to employ someone at Temasek Holdings than Goldman Sachs and 94 times more expensive than Morgan Stanley."

When will the other Lee be joining Temasek? Looks like it is cash cow to be milked totally dry. Is there corruption in Temasek?

 

[Papsmearer]

This has been happening for years, go back to my thread in 2010.

http://www.sammyboy.com/showthread.php?51549-Temasek-101-What-PAP-does-not-want-you-to-know

 

[Papsmearer]

Temasek will tell you they do not measure returns over one year. Neither do they measure it over 5 years. They look only at long term returns which is the average return from time immemorial which means that their investment staff will continue to receive annual bonuses even if they currently perform below their hurdle rate for the next 10 years. Do they have any vacancy in their investment team?

Got what. Iswaran left to be an MP and Ministar for State. Than every indian chief got bumped up, so there is opening. But you must be FT, preferably angmo with a brand name degree before they will even consider u mah. U got or not?

 

[Papsmearer]

Sinkies are born to be slaves. "Freedom" is a Western invention. Asians don't need nor care for freedom.

U telling me there is no freedom in taiwan, south korea, thailand, japan, etc. sure or not? donch bs here.

 

[leetahbar]

Temasek will tell you they do not measure returns over one year. Neither do they measure it over 5 years. They look only at long term returns which is the average return from time immemorial which means that their investment staff will continue to receive annual bonuses even if they currently perform below their hurdle rate for the next 10 years. Do they have any vacancy in their investment team?

tamasick's magic catchword is: IT'S FOR THE LONG INVESTMENT & LONG HAUL.

tamasick has unlimited supply namely from us. they just need to bleed us continuously through the pap"s pay&pay propaganda.