24.02.2009 - What the Temasek debacle reveals
From Eternal-hap: A Temasek wrapped up in a mystery within the abyss of the Singapore economy. Public displeasure should be directed correctly, for it to be effective. The recent revelation, that Temasek Holdings has lost 31 percent of its net portfolio value between March and November 2008, is initially shocking, given its supposed reputation as a professional and long-term investor. Temasek also seemed to have made a wrong judgement on hindsight, when it injected capital into Barclays and Merrill Lynch..... Full Article: Source