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Full Version: I don't accept that Temasek did proper due diligence for FTX
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(30-11-2022, 09:42 PM)Blasterlord2 Wrote: [ -> ]We may be aware of FTX and how TH screwed up, but many sinkies dun and dun care. They will continue to accept that PAP is the best party for us.

There is no viable political party to challenge the ruling party, cos the opposition party are few and far between........... Laughing nudie
(30-11-2022, 11:46 AM)lylcnn Wrote: [ -> ]Why would Garmen still shield TH, now that Madam is supposedly not leading it?

The PAP Garmen should tekan / push TH hard hard to deliver returns for SG Garmen, if not for Citizens !


MP Lawrence is still trying to downplay the lapses in TH and said the impact is not that great.  How many skeletons in the closet is not made known to the public in the first place?
[Image: EB1-E06-E6-ED91-40-A5-B4-FE-07-FA72-EB7-BD1.jpg]
I think we need to kick out the Temasek Holdings management and replace with Elon Musk.

Useless buggers who get wool pulled over their eyes. What due diligence did TH do for 8 months when Elon smelled a rat immediately?

The whole lot in TH needs to be fired and pronto!
(30-11-2022, 10:48 PM)Wy:Nox Wrote: [ -> ]MP Lawrence is still trying to downplay the lapses in TH and said the impact is not that great.  How many skeletons in the closet is not made known to the public in the first place?

He needs to downplay the lapses in TH, cos he is only a DPM but HC is the wife of our PM.........who outrank who....? crying Angry
Same la. Majority still being hypnotized and can't smell a rat what kind of elites are running the country.🤦
Anything to them the higher the better.
(30-11-2022, 10:58 PM)debono Wrote: [ -> ]He needs to downplay the lapses in TH, cos he is only a DPM but HC is the wife of our PM.........who outrank who....? crying Angry

Who more tua liap? Big Grin
I started to question why we need temasek in the first place???
Are those in temasek really working?
(30-11-2022, 11:08 PM)p1acebo Wrote: [ -> ]Who more tua liap? Big Grin

The answer is blowing in the wind............. Laughing Clapping
(30-11-2022, 11:13 PM)Rainforest Wrote: [ -> ]I started to question why we need temasek in the first place???
Are those in temasek really working?

Even the current CEO of FTX (brought in recently) said that the record keeping was non existent and its operations were on par with a lemonade stand.  How embarrassing for Temasek which said it conducted 8 months of due diligence.  

Can this be considered gross negligence or criminal negligence? Big Grin
(30-11-2022, 11:17 PM)p1acebo Wrote: [ -> ]Even the current CEO of FTX (brought in recently) said that the record keeping was non existent and its operations were on par with a lemonade stand.  How embarrassing for Temasek which said it conducted 8 months of due diligence.  

Can this be considered gross negligence or criminal negligence? Big Grin
It should be gross negligence n not criminal negligence.......... Big Grin
mystery crypto deaths so far 3
Russian billionaire, 53, is killed in helicopter crash near Monaco in latest crypto mystery death – ‘after another passenger cancelled at the last minute’
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What can you expect from a troop of monkeys?
(30-11-2022, 10:58 PM)debono Wrote: [ -> ]He needs to downplay the lapses in TH, cos he is only a DPM but HC is the wife of our PM.........who outrank who....? crying Angry

Yalor. I will do the same too. Wait till get premiership then talk.
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The ways Temasek operates is like Wild Wild West - free for all.

How can a national fund manager, SWF with very little knowledge, invested big $$$ In Amaravati, Salt Bae gold steak and crytocurrency FTX exchange?

It exposed a total lack of management planning and foresight, in-house operating procedure, credit analysis, proper system, risk and management control.

A commission of inquires be called
When a boss proposes X project
The kaki dare not submit a negative report and got the gut to say no 
So he will use x months to do a porlumpar report on the project This culture is very common.Bad culture dies hard.
The moment kaki submits negative report
he will be classified by boss as a stubborn staff and black marked. No promotion for donkey years and receives low rate performance bonus yearly 
One of the rationales for a company losses millions and bankrupt in later stage.
Sg has already rotten.
No eyes to see.
(01-12-2022, 05:39 AM)RiseofAsia Wrote: [ -> ]Sg has already rotten.
No eyes to see.

A total failure
(01-12-2022, 05:39 AM)RiseofAsia Wrote: [ -> ]Sg has already rotten.
No eyes to see.

A total failure
(01-12-2022, 05:39 AM)RiseofAsia Wrote: [ -> ]Sg has already rotten.
No eyes to see.

A total failure
The danger of "strong mandate" given to a single party.
Ancient Justice Bao had strong, knowledgeable, diligence, honest and skillful assistants
He had 上方宝剑 too 
DPM has any?
If Anwar carry out his promises really a great challenge to the little dot if he is able to stay in power for 1 decade or more.
(30-11-2022, 09:37 PM)Gemstar Wrote: [ -> ]There is no way that PAP can simply don't care.  It involved nation funds and they need to answer to our country and all singaporeans.
The votes will play a part.
The ex MP who lied in parliament was from which party?

Tamasek has few success stories too 
What went wrong lately?
377 million divided by 4 millions citizens (rough figure)
Each Singaporean get around 94 million SGD!!!!

If divided by 5 million each got 75 million!!

Good job good job!!!!
(30-11-2022, 10:53 PM)p1acebo Wrote: [ -> ][Image: EB1-E06-E6-ED91-40-A5-B4-FE-07-FA72-EB7-BD1.jpg]

Dog eats dog
No different

Rotten from the top and

BS from the top?
(30-11-2022, 11:13 PM)Rainforest Wrote: [ -> ]I started to question why we need temasek in the first place???
Are those in temasek really working?

maybe too busy on fb ?
(01-12-2022, 08:06 AM)Scythian Wrote: [ -> ]No different

Rotten from the top and

BS from the top?

they ownself checked ownself - clear, no wrong doing.
(01-12-2022, 02:25 AM)Scythian Wrote: [ -> ].
The ways Temasek operates is like Wild Wild West - free for all.

How can a national fund manager, SWF with very little knowledge, invested big $$$ In Amaravati,  Salt Bae gold steak and crytocurrency FTX exchange?

It exposed a total lack of management planning and foresight, in-house operating procedure, credit analysis, proper system, risk and management control.

A commission of inquires be called


61% gave them a strong mandate to be either irresponsible or hire incompetent management.
(01-12-2022, 08:15 AM)8ighty8 Wrote: [ -> ]they ownself checked ownself - clear, no wrong doing.

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Checking each other's backside fully covered
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