GIC has just booked losses of US$675m

[kiwitan]

What a year to start...

http://sg.news.yahoo.com/cna/20100111/tap-967-gic-booked-losses-investment-new-231650b.html

do not be alarm, singapore government has so much billions in his coffer that loosing US $675m is not big a deal. Investing does not always u learn money sometimes you loose and some time u make big bugs.

 

[flowerpot]

do not be alarm, singapore government has so much billions in his coffer that loosing US $675m is not big a deal. Investing does not always u learn money sometimes you loose and some time u make big bugs.

the billions comes from the ppl... u are placing bets, when u make money, u pay urself good bonus, when u lose, u get more from the ppl... sounds just like the bankers from wall street...

 

[UandMe]

do not be alarm, singapore government has so much billions in his coffer that loosing US $675m is not big a deal. Investing does not always u learn money sometimes you loose and some time u make big bugs.

Nothing from them alarms me anymore. I'm only waiting for the day they get alarmed by the people whom they think are stupid & naive. ;(