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Oh oh be prepared for more Measures


Scb11980
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400 million is spare change to them, considering the billions they have lost. Maybe they might issue the usual statement "we're in it for the long term"

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bought at 540 million and lost 400 million! 60 million shy of 1 billion! with that amount they could have lined the mrt tracked with gold conduit! [jawdrop][jawdrop] now singaporean really has to pay thru the noses....no wonder they up the cpf minimum sum [furious][furious]

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wah, enter US banks at worst possible time, then cut loss to go to emerging market banks at top of cycle on its way down. you almost cannot believe it but for the fact that it really is happening

Edited by Chongster
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400 million is spare change to them, considering the billions they have lost. Maybe they might issue the usual statement "we're in it for the long term"

 

It adds up! Everything they touched seem to ......... :angry: :angry: :angry:

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FED UP?

 

The citizens should be the ones that are FED UP with the constant losses and negative news!

 

I am FED UP reading this news.

 

Someone predicted GST 10% coming........this news event may be the spur to hasten the GST revamp!!!

 

I live in fear for 2012......and beyond.

 

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walao..what are the foreign talent investment bankers which they hire doing? Getting top salaries but losing tons of our sweat $$. [:(]

 

In recent news they also lost heavily on Irish Eircom....siaoliao...pls return us our hard earned $$. [rifle]

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T holdings invest for the sake of generating activities is it? KNS.. everything they touched turned into losses.

 

better think of ways to use CPF for property or investments, rather than keeping them as ready gambling chips for them.

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actually....the money whether the GIC gain or lost, does it benefit the citizens of singapore? does the money go into the pockets of every citizens on the streets? CPF only pay that amount of interest...other than that, nothing....does the GIC share the wealth? but they are using the CPF money?

what if GIC makes tons and tons of money...??? can we see extra money coming our way?

 

but one thing for sure...they looses more money, we have to wait longer to get our CPF money

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