TR EMERITUS

The question of the transparency and proper accounting of our reserves has been a primary concern of mine for some time, in fact ever since 2009.  A major theme has been that currently we have inadequate safeguards to prevent them being frittered away by an irresponsible government instead of being used for the benefit of the... 

I shall begin with a little background. I recently wrote a comment about the creative accounting at Temasek Holdings drawing on two examples of under-valued acquisitions by Temasek-linked companies (TLCs). The comment itself was a topical response to an article by Christopher Balding. Christopher later cited my comment in his... 

The majority of people losing jobs last year were PMETs, forming 54% of the 11,000 made redundant. The percentages for 2010 and 2011 were 35% and 42% respectively. The other interesting point is that the PMETs that were retrenched were getting younger, in the 20s, 30s and 40s, not necessarily the 50s or older. The dicey part...