Breaking: Ho Jinx REFUSES to Let Go of Temasick!

[makapaaa]

Temasek Says Goodyear Won’t Be CEO After Differences (Update1)


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By Shiyin Chen and Netty Ismail

July 21 (Bloomberg) -- Temasek Holdings Pte said Charles “Chip” Goodyear won’t become chief executive officer following “differences” on strategic issues. Ho Ching will remain as head of Singapore’s state-owned investment company.
Temasek and Goodyear, who was to succeed Ho as CEO on Oct. 1, have agreed to terminate their relationship effective Aug. 15.
“Four months into the leadership transition, the Temasek board and Mr Goodyear have concluded and accepted that there are differences regarding certain strategic issues that could not be resolved,” Temasek said in an e-mailed statement today. “In light of the differences, both parties decided that it is in their mutual interests to terminate the leadership transition process and hence the executive relationship.”
To contact the reporter on this story: Shiyin Chen in Singapore at [email protected]
Last Updated: July 21, 2009 05:57 EDT

 

[makapaaa]

The ang moh probably refuses to be turned into a puppet by Ho Jinx?

 

[Cestbon]

The ang moh probably refuses to be turned into a puppet by Ho Jinx?

Waoh. You answer so direct. Ho Jinx will lose face.

 

[zeroo]

Good all angmo FT pls fuck off from singqapore! Why pay them millions of dollars..I ratehr let singaporean earn:oIo:

 

[jim007jimmyboy]

The ang moh probably refuses to be turned into a puppet by Ho Jinx?

most probably so....

 

[Glaringly]

After 4 months, Chip GoodYear finally realise there is only a single dollar left in the kitty to implement his strategic goals.

I thought we all already knew many moons ago.

Looks like there won't be any more goodyear for us Singaporean.

 

[Tiu Kwang Yew]

more than meets the eye......head warm warm, tail cold cold.

Temasek Says Goodyear Won’t Be CEO After Differences (Update1)


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By Shiyin Chen and Netty Ismail

July 21 (Bloomberg) -- Temasek Holdings Pte said Charles “Chip” Goodyear won’t become chief executive officer following “differences” on strategic issues. Ho Ching will remain as head of Singapore’s state-owned investment company.
Temasek and Goodyear, who was to succeed Ho as CEO on Oct. 1, have agreed to terminate their relationship effective Aug. 15.
“Four months into the leadership transition, the Temasek board and Mr Goodyear have concluded and accepted that there are differences regarding certain strategic issues that could not be resolved,” Temasek said in an e-mailed statement today. “In light of the differences, both parties decided that it is in their mutual interests to terminate the leadership transition process and hence the executive relationship.”
To contact the reporter on this story: Shiyin Chen in Singapore at [email protected]
Last Updated: July 21, 2009 05:57 EDT

 

[hairylee]

Ang Moh cannot tahan Kampong style management.

 

[nextinfidel]

who knows, probably goodyear could have take a peek inside and found worms immersed in shit awaiting for him to become the scapegoat. so he decides to bail out first before the shit is being pushed to him.

 

[Tiu Kwang Yew]

hahaha... you so clever one, RENCI saga frightens many CEOs !

who knows, probably goodyear could have take a peek inside and found worms immersed in shit awaiting for him to become the scapegoat. so he decides to bail out first before the shit is being pushed to him.

 

[drifter]

who knows, probably goodyear could have take a peek inside and found worms immersed in shit awaiting for him to become the scapegoat. so he decides to bail out first before the shit is being pushed to him.

agreed ...i got this feeling too

 

[Lee Hsien Tau]

He was probably told it would take 56 man-years before he could be presented with the set of accounts. Yawn.

Temasek Says Goodyear Won’t Be CEO After Differences (Update1)


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By Shiyin Chen and Netty Ismail

July 21 (Bloomberg) -- Temasek Holdings Pte said Charles “Chip” Goodyear won’t become chief executive officer following “differences” on strategic issues. Ho Ching will remain as head of Singapore’s state-owned investment company.
Temasek and Goodyear, who was to succeed Ho as CEO on Oct. 1, have agreed to terminate their relationship effective Aug. 15.
“Four months into the leadership transition, the Temasek board and Mr Goodyear have concluded and accepted that there are differences regarding certain strategic issues that could not be resolved,” Temasek said in an e-mailed statement today. “In light of the differences, both parties decided that it is in their mutual interests to terminate the leadership transition process and hence the executive relationship.”
To contact the reporter on this story: Shiyin Chen in Singapore at [email protected]
Last Updated: July 21, 2009 05:57 EDT

 

[johnny333]

who knows, probably goodyear could have take a peek inside and found worms immersed in shit awaiting for him to become the scapegoat. so he decides to bail out first before the shit is being pushed to him.

Also, he must have seen all the "Talents" he had to work with in Temasek. Just think of all the tai chi masters, butt kissers, back stabbers,..., deadwood that exists in Temasek

What can one man do in such an environment

 

[Leegimeremover]

No one is better than the Lee family. Only they can do what no one else can and dare do.

 

[UpYoz_olo]

Temasek Says Goodyear Won’t Be CEO After Differences (Update1)


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By Shiyin Chen and Netty Ismail

July 21 (Bloomberg) -- Temasek Holdings Pte said Charles “Chip” Goodyear won’t become chief executive officer following “differences” on strategic issues. Ho Ching will remain as head of Singapore’s state-owned investment company.
Temasek and Goodyear, who was to succeed Ho as CEO on Oct. 1, have agreed to terminate their relationship effective Aug. 15.
“Four months into the leadership transition, the Temasek board and Mr Goodyear have concluded and accepted that there are differences regarding certain strategic issues that could not be resolved,” Temasek said in an e-mailed statement today. “In light of the differences, both parties decided that it is in their mutual interests to terminate the leadership transition process and hence the executive relationship.”
To contact the reporter on this story: Shiyin Chen in Singapore at [email protected]
Last Updated: July 21, 2009 05:57 EDT

Ohhhhhh!
I feel so good.

Nothing more to say, it's total eclipse of the sun...
O Yeah...
Total eclipse of the sun...

:oIo::oIo::oIo::oIo::oIo::oIo::oIo::oIo::oIo::oIo::oIo:

 

[Watchman]

 

[Watchman]

<h3 class="post-title">

Goodyear did not even last 1 year....

</h3>


<div class="post-body">

<p><div style="clear:both;"></div>With Goodyear going, I wonder if we will be having more bad years. The problem wasn't just money lost in banks and this crisis. Long before this crisis, there was Shin Corp which I wrote about in Oct 2006 - [<a href="http://singaporemind.blogspot.com/2006/10/temasek-everything-is-fine-at-shin.html">Posting on Shin Corp</a>] - the purchase was made through a company fronted by a Malaysia based Thai national to get around the Thai laws:<a href="http://photos1.blogger.com/blogger/2862/1607/1600/shin.jpg"><img style="DISPLAY: block; MARGIN: 0px auto 10px; WIDTH: 386px; CURSOR: hand; HEIGHT: 256px; TEXT-ALIGN: center" alt="" src="http://photos1.blogger.com/blogger/2862/1607/1600/shin.jpg" border="0" /></a><br /><br /><p>I'm sure the people running Temasek felt strongly that this Mr. KK Lau and Thaksin can be trusted before they invested tax payers' money. When they invested in Merrill, they also had <a href="http://www.bloomberg.com/apps/news?pid=20601103&amp;sid=acRVnXvoqkKU">great confidence in John Thain</a> who later became the <a href="http://www.workinglife.org/blogs/view_post.php?content_id=11481">posterboy of greed and incompetence </a>on Wall Street. Going back even further Ho Ching wrote <a href="http://singaporemind.blogspot.com/2005/12/ho-ching-please-continue-to-support.html">this piece</a> in support of NKF &amp; Durai when the NKF scandal broke - it says a lot about her judgement and values. </p><p>Earlier this year, we were told that Chip Goodyear was hired after a long search. Yet when he resigned, we are told that "<em>the Board and Mr Goodyear concluded and accepted that there were differences regarding certain strategic issues that could not be resolved</em>". Gee, nobody bothered to ask him about what his strategies were and his views on key issues when he was interviewed for the job? Is that how we hire people to manage billions of tax payers' money? ....After a long worldwide search to find someone suitable to run Temasek, they realise now that he is not suitable. </p><p><em><span style="font-size:85%;">"The hiring of a foreign CEO is a notable change, and <strong>we hope it’s a signal that Temasek and <u>Singapore’s leaders understand the need</u> for more transparency in the company’s operations</strong>. The world is demanding more openness and accountability from sovereign-wealth funds, and the <strong><u>shareholder-voters of Singapore deserve nothing less</u></strong>.” (Source: </span></em><a href="http://singaporeenquirer.sg/?p=2049"><em><span style="font-size:85%;">WSJ</span></em></a><em><span style="font-size:85%;">)</span></em></p><p>Whatever the real story is behind the scenes, it is not meant for ordinary Singaporeans to know. We are only told what they want us to believe. We, the ordinary citizens, only get the facade from Temasek on everything it does and that is the real issue. </p><div style="clear:both; padding-bottom:0.25em"></div></p>

 

[halsey02]

<h3 class="post-title">

Goodyear did not even last 1 year....

</h3>


HJ, is the best 'cook' in the financial sector, well versed in the 'fine French cooking' of 'financial dishes'; that uses the best!.

'Dishes' that looks good, cost more, and over time, depreciate rapidly in value.

In short, not astute enough , too trusting of the people she work with, and no transprancy & accountablity.

The 'head' should roll, a long time ago...where is the HONOR?, not to mention, it is the STATE ( Country) funds, one is talking about.

"too many bad cooks, cooking the broth"..more like 'cooking the books'

 

[Brightkid]

Very nice book cover. Hope it is easily found in ALL good and not-so-good bookstores.

Buy 1 and you will be on your way, starting from the few dollars you spent on the book, to master the art of losing billions !

 

[denzuko1]

The jinx is so strong that even good years are chased away. More bad years to come and here goes all our money!