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Crypto exchange FTX crash: What investors, including Temasek Holdings, are saying
14-11-2022, 04:00 AM
A bunch of clowns
14-11-2022, 04:22 AM
Diu la.
All now coming out to say "I got seduced, SBF charmed us, we didn't know better".
Very clear DD is a joke to them. And in general big finance world, usually when people in institutions think they know one another, all DD goes right out of the window. Except in some cases like Temasek, the money they use to gamble like this is basically taxpayer money.
All now coming out to say "I got seduced, SBF charmed us, we didn't know better".
Very clear DD is a joke to them. And in general big finance world, usually when people in institutions think they know one another, all DD goes right out of the window. Except in some cases like Temasek, the money they use to gamble like this is basically taxpayer money.
14-11-2022, 04:58 AM
you noticed the article most institute declare the loss amt $$ except Temasek
> SoftBank Group $100 million
>Sequoia Capital Global Equities fund invested US$63.5 million
> Ontario Teachers Pension Plan (OTPP) - US$95 million
>Temasek - are engaging FTX in our capacity as shareholder."
DLLM
> SoftBank Group $100 million
>Sequoia Capital Global Equities fund invested US$63.5 million
> Ontario Teachers Pension Plan (OTPP) - US$95 million
>Temasek - are engaging FTX in our capacity as shareholder."
DLLM
14-11-2022, 07:23 AM
So far no individual say how much he loss ? FTX is it only for institutions? Unlike Lehman brothers.
14-11-2022, 11:50 AM
So Temasick supporting and funding USA Democrats elections?
Don't they even know the basics of business- NEVER to be politically involved!
Ho Ching really screw up before she left for Temasick Trust.
Don't they even know the basics of business- NEVER to be politically involved!
Ho Ching really screw up before she left for Temasick Trust.
Why do we need 5 Mayors and 80 PAP Ministers?
14-11-2022, 11:55 AM
(14-11-2022, 11:50 AM)Ola Wrote: So Temasick supporting and funding USA Democrats elections?
Don't they even know the basics of business- NEVER to be politically involved!
Ho Ching really screw up before she left for Temasick Trust.
Wah, support other cuntries political parties?
But here cannot leh. Can be jailed leh
14-11-2022, 01:09 PM
Temasek invested and lost 205 millions out of their 400 billions portfolio.
About 0.05%.
If you have $100, and you lost 5cents.
How would you felt?
This is investment.
About 0.05%.
If you have $100, and you lost 5cents.
How would you felt?
This is investment.
14-11-2022, 01:11 PM
(14-11-2022, 01:09 PM)puntfast2 Wrote: Temasek invested and lost 205 millions out of their 400 billions portfolio.
About 0.05%.
If you have $100, and you lost 5cents.
How would you felt?
This is investment.
But this is not the first time losing $$$$$ and will not be the last time.
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14-11-2022, 01:18 PM
(14-11-2022, 01:09 PM)puntfast2 Wrote: Temasek invested and lost 205 millions out of their 400 billions portfolio.
About 0.05%.
If you have $100, and you lost 5cents.
How would you felt?
This is investment.
Investment do carry losses in bad deals. But this one is the very basic of why put into the unregulated crypto world. FTX is just a crypto trading exchange. Why out of the blue throw away due diligence before putting indirectly our hard earned cpf money. It gives a false impression that once a sovereign wealth fund put in FTX means sure good deal. Hence the rest follows. Parliament and the ministry of finance must dig into temasek and FINE it $Bs for its careless investment strategy follow by sacking and closing the dept handling cryptos investment. This is a sovereign wealth fund not a private hedge fund.
14-11-2022, 01:28 PM
14-11-2022, 01:29 PM
(14-11-2022, 01:18 PM)A2Z Wrote: Investment do carry losses in bad deals. But this one is the very basic of why put into the unregulated crypto world. FTX is just a crypto trading exchange. Why out of the blue throw away due diligence before putting indirectly our hard earned cpf money. It gives a false impression that once a sovereign wealth fund put in FTX means sure good deal. Hence the rest follows. Parliament and the ministry of finance must dig into temasek and FINE it $Bs for its careless investment strategy follow by sacking and closing the dept handling cryptos investment. This is a sovereign wealth fund not a private hedge fund.PAP MPS dare to question ?????????????????????????????????????
14-11-2022, 01:53 PM
14-11-2022, 02:03 PM
14-11-2022, 02:15 PM
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