Comments on: Money, money, money…

By: tiredsingaporeans

tiredsingaporeans — Wed, 17 Dec 2008 15:44:16 +0000

They always blow trumpet so loud and boast about themselves but how much money they’ve lost in their investments in total till today, they keep very quiet. Why? one wonder how much is actually around still in our nation reserve, hopefully!

By: aiyoyo

aiyoyo — Wed, 17 Dec 2008 12:17:49 +0000

aiyoyo

‘show’ is one thing,

but the real thing is to help commoners (make good use of the $$).

think ultimately commoners also contribute to the $$ that ELITEs ‘show’, correct?

aiyoyo

By: Ah Lan of the P

Ah Lan of the P — Wed, 17 Dec 2008 07:32:51 +0000

paiseh, i meant secrecy rules.

By: Ah Lan of the P

Ah Lan of the P — Wed, 17 Dec 2008 07:32:16 +0000

Does secrecy law means non-disclosure?

By: SotongBall

SotongBall — Wed, 17 Dec 2008 07:04:10 +0000

Government-linked institutions? If so, probably a large percentage is wipe out in the current financial crisis.

“China is injecting 4 trillion Yuan into their economy. The two-year spending initiative will inject funds into 10 sectors, including health care, education, low-income housing, environmental protection, schemes to promote technological innovation, and transport and other infrastructure projects.” Hey that is like a quarter of China’s reserves, that is something to boast about !

We boast about the “Retraining” Package and how much we have in reserves.

By: alky

alky — Wed, 17 Dec 2008 06:45:12 +0000

Good news for all the money launderers in the world. One more place for them to stash their money. Better still if they are from Indonesia.

By: me

me — Wed, 17 Dec 2008 06:32:57 +0000

“So what? Is that something to boast about?”

well, they just tried to do so. =)

By: Xmas Selamat

Xmas Selamat — Wed, 17 Dec 2008 06:06:46 +0000

So what? Is that something to boast about?

By: Tan

Tan — Wed, 17 Dec 2008 05:32:43 +0000

What all the money got to do with me? I can get some is it?

By: I Can Honestly Ask . . .

I Can Honestly Ask . . . — Wed, 17 Dec 2008 04:56:28 +0000

How about this year?

By: smallvice585

smallvice585 — Wed, 17 Dec 2008 03:50:26 +0000

As if this is a lot. What does this mean for Singaporeans?

A typical US$500M fund would employ 15-20 people to manage.

A typical US$2,000M fund would employ 20-30 people to manage.

A typical US$2,000-10,000M fund would employ 30-50 people to manage.

So much asset under management does not translate more jobs. Even if there are jobs, the jobs usually go to non-Singaporeans as fund management is a pretty specialised job.