TR EMERITUS

As I sat down to blog about FTX and Sam Bankman-Fried (SBF), the first couple of lines of a Robert Louis Stevenson poem floated across my mind -- "The moon has a face like the clock in the hall; She shines on thieves on the garden wall."  There's a rustic imagery of a bright moon over a burglar on a wall I once saw in a kiddy... 

Temasek fears transparency because there are many investments with losses similar to SQZ Biotechnologies. Losses have mostly gone unreported and Singaporeans have been hoodwinked by MSM into thinking we have a 'Warren Buffet' running Temasek.   Phillip Ang      Read More →

Temasek Holdings had written off US $275 million in its investment in FTX. During the past 15 years, TH had incurred large losses in some of its investments. In 2008, TH wrote off its $400 million investment in ABC Learning Centers in Australia. There were other bad investments, which raised much concern in the past. Personally,...