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GIC will be cautious: MM Lee

metalslug

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http://www.straitstimes.com/Breaking+News/Singapore/Story/STIStory_387592.html

GIC will be cautious: MM Lee

KUALA LUMPUR - THE chairman of the Government of Singapore Investment Corp (GIC), the city-state's biggest sovereign wealth fund, said on Monday the fund will be cautious and take few risks.
His comments came after the country's other sovereign fund Temasek saw big losses on its investments in Western banks.

'GIC will be cautious, low risk,' said MM Lee Kuan Yew in a discussion at an aviation meeting in Malaysia.

Temasek's new American chief Chip Goodyear - who takes over from Ms Ho Ching - would, however, 'seize opportunities', said Mr Lee. -- THOMSON REUTERS
 

takcheksian

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Another bullshit lie from Mister 'This Golden Period Can Go On Forever' and 'Anyone who criticize our Long Term Investments has no sense of proportion'.

I will believe Old Fart when Old Fart lowers CPF minimum to $10,000 and uses GIC money to help people. Claims of 'reserves' and 'profits' on paper are no dif from Bernie Mardoff claims.


http://www.straitstimes.com/Breaking+News/Singapore/Story/STIStory_387592.html

GIC will be cautious: MM Lee

KUALA LUMPUR - THE chairman of the Government of Singapore Investment Corp (GIC), the city-state's biggest sovereign wealth fund, said on Monday the fund will be cautious and take few risks.
His comments came after the country's other sovereign fund Temasek saw big losses on its investments in Western banks.

'GIC will be cautious, low risk,' said MM Lee Kuan Yew in a discussion at an aviation meeting in Malaysia.

Temasek's new American chief Chip Goodyear - who takes over from Ms Ho Ching - would, however, 'seize opportunities', said Mr Lee. -- THOMSON REUTERS
 

batman1

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Loyal
http://www.straitstimes.com/Breaking+News/Singapore/Story/STIStory_387592.html

GIC will be cautious: MM Lee

KUALA LUMPUR - THE chairman of the Government of Singapore Investment Corp (GIC), the city-state's biggest sovereign wealth fund, said on Monday the fund will be cautious and take few risks.
His comments came after the country's other sovereign fund Temasek saw big losses on its investments in Western banks.

'GIC will be cautious, low risk,' said MM Lee Kuan Yew in a discussion at an aviation meeting in Malaysia.

Temasek's new American chief Chip Goodyear - who takes over from Ms Ho Ching - would, however, 'seize opportunities', said Mr Lee. -- THOMSON REUTERS

One generation of hard work and wealth wasted and thrown into lonkang within a year .What an achievement !Still self-praising .That rotten corrupt LEEFAMILY is going to bankrupt Sinkeeland.
Losing billions like nobody's business cos it's not their money while giving crumbs to the poor,old and jobless citizens.
IF GOD have eyes,Bring down this corrupt evil Family and their corrupt lackeys NOW !
 

PAPsupporter

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After the unforseen Financial Tsunami experience, our great PAP will take extra care on all investments. The solid PAP has already implement measures to minimize such thing from happening. Furthermore with our Legend Lee Kuan Yew looking into such matter, everything will be going fine for Singapore now. 3 cheers for our Legend Lee Kuan Yew and the great PAP. :smile:
 

HellAngel

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The old man is only human...it is the 66% who made him feel like God. No matter what he says, MIW is still going to win the coming GE as the opposition can't get their act together...It has been like that for years!!!! Get use to it!!!
 

PAPsupporter

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The old man is only human...it is the 66% who made him feel like God. No matter what he says, MIW is still going to win the coming GE as the opposition can't get their act together...It has been like that for years!!!! Get use to it!!!


The great PAP government has given chance to the oppositions with extra candidates participation in the next GE. If the oppositions is capable enough, they should be able to take some seats. But it was a true fact that our great PAP government is much stronger and capable than them. The majority of the people know the great PAP government can continue to bring success and well-beings to them and the country. Vote for our great PAP and you will never regret. :smile:
 

FuckSamLeong

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The cocksucking noises were so loud that I could hear it while I was in other websites....Logged into this PAP forum and I found the source. Well keep going...don't make Sam Leong's life difficult....he has to answer his paymasters you know.......:p
 

Frankiestine

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Hahahahaha.....my little pinkie toes are laughing....yeah what a joke Mental minister...oh yeah forgot he is a mental case...GIC will be cautious...well shouldn't they have adopted this prior to purchasing Barclay, Merrill Lynch, Citibank etc..GIC is making themselves into a laughing stock..
 
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