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gic/tEMASICK

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Home > Breaking News > Singapore > Story
Jan 29, 2009
Worst yet to come

1. GIC invests 18 mil in UBS and Citigroup
2. Temasick no say how much invest in BArclay and Merril Lynch.
3. Temasick 18% returns since 1974
4. GIC 7.8% returns in US$.

KNNBCCB,,,,,$18bil lost say 50%=$9bil, simply say long term investment portfolio.Withdrawl $4.9bil from reserves KPKB, Resimi Budget ki lan. Lost 9bil no problem.

Temasick invest how much lost how much more secrtetive than the GIC. Why? Because the CB Hole Jinx more kilat than her wife AssLoong is it? Temasick sells off assets that was Singapore's and where the money go a? CCB.

Temasick and GIC their returns are probably unrstated because I believe their returns must be 180% monthly or 2000% annually because it is not an open book account. He can say 1%, 5% or 20% or even 2000000% all because it is not a open book. Look at PWC, also can audit until Satyam $1bil overinflated profit, what more can you say about who audit the Temasick/GIC books?
 
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