Temasek's answer to the public via the ST forum is economical with the truth to say the least. CPF may be invested elsewhere and not directly into Temasek or vice -versa but it all comes from the same pot which is government capital or surpluses.
Last week I pointed out * that it made no sense for Temasek to pay a huge premium for Olam’s equity when Olam’s short-term debt refinancing was likely to be problematical, […]
My suspicions were raised yesterday by the news that Temasek has put up $2.1 billion dollars to buy out any remaining shares they do not already own in Singaporean commodities […]
In my last blog post (see here) I pointed out that since 2009 I have advocated the privatization of Temasek and GIC and the distribution of shares to Singapore citizens. […]
The question of the transparency and proper accounting of our reserves has been a primary concern of mine for some time, in fact ever since 2009. A major theme has […]
Roach Motel Or Investing for the Long-Term: You Decide What Best Describes Temasek’s Investment Strategy.
A “Roach Motel”, originally a term used to describe a cockroach trap, has become a metaphor used by hedge fund managers to describe an investment that is too large in […]
Recently Chesapeake Energy, the second biggest US gas producer, has been much in the news. The company has been having cash flow problems since the CEO, Aubrey McClendon, took a […]
On Sunday Greece’s voters overwhelmingly rejected the latest terms offered to them by their Eurozone creditors for rescheduling their huge debt mountain. With Greece’s debt to GDP ratio at 170% […]
Greece’s IMF Default Shows Clearly That the Finance Minister Misled Parliament and the People When He Claimed IMF Lending Carried No Risks
On 30 June 2015 Greece missed a payment of Euros 1.5 billion due to the International Monetary Fund. This was under a Euro 28 billion extended Stand-by Arrangement agreed between […]
Has Lee Hsien Loong been damaged in his private capacity? More importantly has he damaged Singapore as the PM?
Lee Hsien Loong and his lawyers were in court today at the beginning of the hearing to determine what damages Roy Ngerng had to pay him (see the report from […]