HoJinx in To Punt Bankrupt US Banks AGAIN!

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Coffee Shop Talk - Temasek says sees value in US/UK banks</TD><TD id=msgunetc noWrap align=right>

Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">NEWSALTSG <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">7:42 am </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 1) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>1778.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Temasek says sees value in U.S. and UK banks
Tue Aug 26, 2008 12:54am EDT
SINGAPORE (Reuters) - Singapore sovereign fund Temasek, which spent billions of dollars on shares in Merrill Lynch (MER.N: Quote, Profile, Research, Stock Buzz), sees value in banking stocks in the United States and Britain, a senior executive said on Tuesday.
"The financial service industry is one we believe in," said Manish Kejriwal, Temasek's senior managing director for investment, International and India, told journalists. "It's a proxy to the economic growth."
"We recently concentrated on U.S. and UK primarily because we see value."
(Reporting by Saeed Azhar and Kevin Lim; Editing by Jan Dahinten)
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