01.06.2009 - Temasek in the hot seat
From Asianinvestor.net: Temasek Holdings, the investment arm of the Singapore government, has found itself in a position where it has to explain the divestment of its Bank of America stake plus a S$58 billion ($40 billion) portfolio loss incurred in the period from March to November 2008. This loss amounts to around half of the S$114 billion gain that the firm made between 2003 and 2007.......Full Article: Source