SG Talk

Temasek invested in FTX hits "Bullseye" : Ponzi Scheme

How Temasek able to do it?

(23-12-2022, 05:00 AM)Scythian Wrote: [ -> ]Temasek invested in FTX hits "Bullseye" : Ponzi Scheme

How Temasek able to do it?

Ex CEO Sam Bankman Fried donated multi millions to US politicians and parties.

"It's hard to believe in coincidence, but it's even harder to believe in anything else."

Maybe Temasek is part of the Ponzi leh?

Why Temasek do 8 months due diligence and still fail so badly? All scare scare somebody’s pet project?

Ho Jin in her earliest career was head of a semiconductor firm.

The firm also folded up. 

Her investment strategy is questionable.

.

(23-12-2022, 06:32 AM)Scythian Wrote: [ -> ]Ex CEO Sam Bankman Fried donated multi millions to US politicians and parties.

(23-12-2022, 07:41 AM)Notdumb Wrote: [ -> ]Maybe Temasek is part of the Ponzi leh?

With Singapore's help and indirect contribution to FTX for Sam Bankman Fried's donations to US politicians and both parties 

Good job

(23-12-2022, 06:32 AM)Scythian Wrote: [ -> ]Ex CEO Sam Bankman Fried donated multi millions to US politicians and parties.

Dun be surprised that FTX is actually set up by US politicians using Sam Bankman Freid as front to scam funds for their campaigns. So Temasek is donating to Joe Biden for his presidential elections ....

(23-12-2022, 08:47 AM)Huliwang Wrote: [ -> ]Dun be surprised that FTX is actually set up by US politicians using Sam Bankman Freid as front to scam funds for their campaigns. So Temasek is donating to Joe Biden for his presidential elections ....

Biden vs Trump : your pick

This cannot be the only one or the first time..

There must be a lot more being done b4 FTX

There is always risk in any kind of investment even your savings in the CPF.  The returns are never guaranteed.  The investment returns from GIC and Temasek or the Net Investment Returns Contribution (NIRC) is estimated to be S$19.6 billion in the Financial Year (FY) 2021, or 18% of Singapore's budget.  The loss of about $300 mil in FTX is not much compared to this sum for most to quibble about it. For information, they have also made an investment loss of about $400 million in Australia's ABC Learning in 2008

https://ask.gov.sg/questions/1167

The whole Temasick is questionable

and PAP should hold a final concluding session as our Govt on our monies

to give an explanation to us

(17-11-2022, 07:19 PM)Scythian Wrote: [ -> ].
It seems Temasek doesn't have proper credit analysis and risk control function. 

Obviously, Temasek is only a market follower basing on others hearsay.

With No banks or financial institutions involved clearly reflects Temasek internal systems weakness and lacking knowledge on crytocurrency .

(23-12-2022, 09:23 AM)revealer Wrote: [ -> ]There is always risk in any kind of investment even your savings in the CPF.  The returns are never guaranteed.  The investment returns from GIC and Temasek or the Net Investment Returns Contribution (NIRC) is estimated to be S$19.6 billion in the Financial Year (FY) 2021, or 18% of Singapore's budget.  The loss of about $300 mil in FTX is not much compared to this sum for most to quibble about it.  For information,  they have also made an investment loss of about $400 million in Australia's ABC Learning in 2008

https://ask.gov.sg/questions/1167

Then, Paying our CPF savings @ 2.50% pa..ofcoz lah

PAP Loves CECA so much

Even their Fake brilliant ideas

(10-11-2022, 09:07 PM)Leongsam Wrote: [ -> ]

https://shrtco.de/j7QnMM