ST censored Reuters article - GIC may have lost $75 billion dollars !!!

[sheryllim]

On 4 March 2009, Reuters published an interview with MM Lee, excerpts of which was reproduced by Straits Times on the same day:

Reuters

Straits Times

Straits Times left out some critical information as highlighted in the boxes:



Straits Times mentioned that the portfolio of Singapore’s sovereign wealth fund GIC has fallen about 25 per cent from its peak due to the financial crisis, but it deliberately left out Reuters’ crucial statement that “the value of the fund was around $300 billion a year ago“.

If the figures provided by Reuters were accurate, this means that GIC is staring at a potential loss of some $75 billion dollars and taken together with Temasek’s loss of $58 billion dollars, we would have lost $133 billion dollars of our reserves in less than a year. These were 2008’s figures before the financial meltdown. I dare not imagine how much we have lost by now.

Read rest of article here:

http://wayangparty.com/?p=5923

 

[2lanu]

If Election come this year, I said vote some opposition in and make it an agenda for them to open the GIC and Temasick account books.

Man, this is our $$$, not white scums one. How can they not tell the truth!:oIo:

 

[funglung]

If Election come this year, I said vote some opposition in and make it an agenda for them to open the GIC and Temasick account books.

Man, this is our $$$, not white scums one. How can they not tell the truth!:oIo:

THAT BASTARD LEE KUAN YEW LIED TO YOU HALF THE TIME AND THE OTHER HALF OF THE TIME HE WILL GIVE YOU HALF TRUTHS


CAN LKY EVER BE BELIEVED IN?





DO NOT WAIT UNTIL ELECTION TIME
THE TIME TO ACT IS NOW!

TALK TO YOUR FRIENDS AND YOUR RELATIVES.

SUPPORT OPPOSITION PARTIES WITH YOUR TIME AND MONEY AND STAND BY THEM AND WITH THEM.
THEY SPEAK FOR YOU AND TRY TO SPEAK FOR YOU.

LKY AND PAP HAVE BEEN USING THEIR KANGAROO COURTS TO TRY TO BANKRUPT THEM TO SILENCE THEM.

IF YOU DO NOT STAND WITH THEM AND STAND BY THEM, CAN YOU STAND ALONE AGAINST LKY?

SINGAPOREANS MUST UNITE AND SUPPORT ALL THE OPPOSITION PARTIES.


DO NOT JUST WAIT UNTIL ELECTION TO VOTE


VOTE OUT LKY AND HIS BASTARDS IN WHITE WHO ONLY WANT YOUR MONEY AND TO FUCK YOU.


IF NOT FOR YOURSELF, THEN FOR THE FUTURE OF YOUR CHILDREN

THERE WILL NOT BE AN OBAMA AS PRESIDENT OF USA IF THE CIVIL RIGHTS MOVEMENT THERE WAS INTIMIDATED BY BEATINGS AND LYNCHINGS IN THE PAST.


THE TOBBLING OF LKY WILL NOT BE EASY, AND CAN BE BLOODY AS WELL.
THEY WILL NOT GIVE UP THE BILLIONS THAT THEY SUCKED FROM YOU AND CAN CONTINUE TO SCREW FROM YOU NOW AND IN FUTURE.


ONLY YOU HAVE THE POWER TO SAY 'NO MORE OF THAT' AND THROW EVERYONE OF THOSE BASTARDS OUT







Already 400-500++ billions got sucked and bled by LKY into his Temasick and GIC.
HOW MANY OTHER BILLIONS GOT SUCKED AND USED BY THEM IN GLC WHERE THEIR FAMILY MEMBERS AND MINISTERS AND BASTARDS IN WHITE ARE CHAIRMAN AND CEOS?

EVEN IF NO ELECTIONS, SINKIES MUST SPEAK WITH ALL THEIR FRIENDS AND ALL THEY KNOW

STAND UP TO THAT BASTARD LKY AND PAP BLOODSUCKERS

STAND WITH ALL THOSE THAT FIGHT BASTARD LKY

OR STAND UP YOURSELF IN YOUR CONSTITUENCY

DONT BE BULLIED BY THAT FUCKING COWARD LKY USING HIS CORRUPT KANGAROO COURTS AND ALL THAT HE CAN, AND WILL THROW AT YOU


You will fear them only if you allow yourself to fear them.

Just because THEY want you to fear them, must you fear those fucking bastards?

THEY ONLY CAN RULE YOU , AND BLED YOU , THROUGH FEAR AND INTIMIDATION.


SINKIES,

FIND YOUR BALLS AND STAND UP TO THEM.
THEY WILL THEN FEAR YOU.

AND YOU REGAIN YOUR MONEY AND YOUR FUTURE AND YOUR CHILDREN FUTURE.

DO NOT LET OUR MONEY GO TO FUND PAP DOGS FRENCH COOKING LESSONS

DO NOT DIE IN OLD FOLK HOMES IN JB.

FIND YOUR BALLS AND STAND UP TO THEM





LEE KUAN YEW LOST AND LOST DUNNO HOW MANY BILLIONS IN TEMASICK AND GIC

EVEN MORE BILLIONS HE THREW AWAY TO HIS DOGS AND COCKROACHES SO THEY CAN TAKE FRENCH COOKING LESSONS

LKY NEED MORE BILLIONS FROM SINKIES WHO VOTED FOR HIM AND FROM THOSE WHO VOIDED THEIR VOTES

EVEN IF YOU VOTE AGAINST HIM, NO DIFFERENCE.

COLLECTIVE PUNISHMENT AS SINKIES DID NOT TRY HARD ENOUGH TO KICK OUT THAT VAMPIRE BASTARD LKY

SO EXPECT EVERYTHING IN SINGAPORE TO GO UP AND UP

BASTARD LKY NEED YOUR $$$$$

HE SCREW YOU AND DEMAND THAT YOU THANK HIM FOR HIS FUCKING 'SUBISIDIESD BULLSHIT' AND 'AFFORDABLE' CON-TALK.

GO ALL OUT TO KICK ALL THOSE BASTARDS OUT

ALL OF THEM

 

[po2wq]

ze pt of contention ...

... Analysts estimated that the value of the fund was around $300 billion a year ago, although GIC has only said it manages well over $100 billion. For a factbox on GIC, see [ID:nGICFACTBO]. ...

sos: http://www.reuters.com/article/marketsNews/idINLKY20090304?rpc=44