[singlon]

https://youtu.be/mSuYo1noCmk?list=RDmSuYo1noCmk

[teaserteam]

Think no direct exposure would mean they are not a "partner" of FTX. just a "sleeping" investor

[debono]

Retire liao, but she is still the puppet master

If she retires from that organization, then she is no more responsible to that loss......

[SGSeniorCitizen1952]

use "no direct exposure" means have exposure. only not direct.

my primary school teacher taught me. 

[limpeh394]

talk until machiam the amt loss is insignificant and Temasek even knew the risk before hand

https://pbs.twimg.com/media/Bp2zFVTCIAEsBvd.jpg

[Blasterlord2]

They're just playing with words. No direct exposure means they didn't buy cryptocurrencies but instead invested in a cryptocurrency exchange. No wrong about that but obviously they're badly mistaken about the company. This is what the report said (about TH):

Before investing, Temasek said that it did eight months of due diligence on FTX, reviewing its audited financial statements, analyzing regulatory risk, and cyber security threats.
"Separately, we also gathered qualitative feedback on the company and management team based on interviews with people familiar with the company, including employees, industry participants, and other investors," it said.

The "due diligence" is obviously not enough and some heads need to roll.

[Sentinel]

Alameda office is in the same office as FTX

If Temasek did proper due diligence, these morons would know

In fact, both share the same telephone distribution point