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Sovereign Wealth Funds Briefing - Categorized | Market, Trends

Singaporeans should learn to understand the daft thinking of these self-acclaimed talented elites from PAP

Posted on 20 September 2010

From Temasekreview.com: The writings were on the walls at Wall Street in New York, and still he allowed the GIC and Temasek Holdings to rush in to pick up the cheap stocks that others were dumping since 2007.
By the end of 2008, these Singapore Sovereign Funds were caught holding US$100 BILLION of worthless stocks – some of which were downgraded from ‘Class A Preferred Stocks’ to ‘Ordinary Stocks’ or even worthless……………………………………….Full Article: Source


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