this slip alone costs BILLIONS $

[leetahbar]

Temasek lost almost US$2 billion of a badly-timed US$3 billion in Shin
Corp
at a peak of 49.25 baht(Shin shares are now trading at around 15 baht)
in
2006.
This state-linked investment company committed S$401
million in ASX -listed ABC Learning Centres at near the peak price of
A$7.30 and then averaged down at between A$1.20 and A$4.00, bringing
it's commitment to over S$500 million. That investment is now essentially
worthless although Temasek has yet to write it down.
The company also bought 19% of LSE- listed Standard Chartered in 2006
only to see the market value of that stake melt 55% by November 21st.
More fiascos include a 975 million pound stake in Barclays Bank bought
at
the peak of 740 pence(with a further 100 million to subscribe for a
rights
issue at 282 pence), which have now sunk over 70% at 138 pence.

Most heinous of all is its US$6.88 billion stake in Citigroup bought
with a
minimum conversion price of $31.34. Citigroup has since plunged 88% to
$3.71, singlehandedly delivering S$9.11 billion of red ink to Temasek's
books .
Overall, the paper loss on these bank investments has exceeded S$35
billion
as of October 21st.

still in denial and still waiting for the cows to come home - LONG TERM that is?

 

[guavatree]

old faggot BobDog sucking PAP lanjiaos LONG TERM ... LOL

still in denial and still waiting for the cows to come home - LONG TERM that is

unemployed parasite old fart faggot fake monk PAP dog Bob Sim Kheng Hwee,

temple thief, swindler, fraudster, cheat, con-artist, liar, hypocrite, deceiver, all rolled into one!

you sucking PAP lanjiaos also LONG TERM ... LOL

of course you steal money from temples also LONG TERM!

is bashing your 80 y.o. father & calling your mother LAU-CHEE-BYE also LONG TERM?