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GIC May Invest In Morgan Stanley. Singapore Is Now A Banking Powehouse

clinton666

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After profiting billions from its investment in Merrill Lynch, GIC is looking to invest in Morgn Stanley. If successful, Singapore will be the Banking Powerhouse of the world.

GIC may invest in Morgan StanleyBy Lim Gek Hua, Channel NewsAsia | Posted: 18 September 2008 1742 hrs

SINGAPORE: The Government of Singapore Investment Corp (GIC) may explore opportunities to invest in Morgan Stanley.

A spokesman for the Singapore state fund told Channel NewsAsia that GIC explores all opportunities when approached.

She declined to comment on whether the bank had approached GIC.

Earlier reports said that Morgan Stanley, the United States' number two investment bank, had been in talks with Wachovia Corp and at least one other bank in a bid to escape the worsening credit crunch.

Morgan Stanley was also reported to be in talks with China's CITIC Group, the mainland's largest financial conglomerate. - CNA/vm
 

The MilkMan

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so there goes our CPF.
the withdrawal age and minimum sum will be increase soon. :mad:
so much profit,they should have give more to help all those working.
 

clinton666

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so there goes our CPF.
the withdrawal age and minimum sum will be increase soon. :mad:
so much profit,they should have give more to help all those working.

You need to change your typical lazy retarded thinking :mad:

Your must go for skills upgrade so that you can have a better job. Stop relying on taxpayers like me to support your lazy lifestyle.
 

Whats4

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I am calling a spade a spade. Seems like you are alike with all the other retards :mad:

dear retard / fucktard

as a fellow pap running dogs, it is m duty to remind u to be gracious towards other forummers. please practiced what our chopper vision pap masters have preached. be gracious!!!
 
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