tag:blogger.com,1999:blog-4405345292513335071.post1854549862609703507..comments2024-03-19T18:44:15.041+08:00Comments on Little Stories: Same Old Temasek AgainGilbert Koh aka Mr Wanghttp://www.blogger.com/profile/01027678080233274309noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-4405345292513335071.post-59573881747537927952009-08-02T15:43:05.059+08:002009-08-02T15:43:05.059+08:00Why should the citizen's money be managed by T...Why should the citizen's money be managed by TMS in the first place?<br /><br />OK,OK,I got it,mandate fr heaven and some still buy that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-25889730137537116532009-07-29T08:26:00.376+08:002009-07-29T08:26:00.376+08:00Mr Wang, I wonder though how else should Temasek b...Mr Wang, I wonder though how else should Temasek be run. I wonder if we would really be happier if Temasek is run less like a state controlled mafia, and more like say, Goldman Sachs?ILMAhttps://www.blogger.com/profile/03862779921501673375noreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-68829992710728024312009-07-26T00:06:35.103+08:002009-07-26T00:06:35.103+08:00This sounded similar to the Micropolis episode.This sounded similar to the Micropolis episode.codernoreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-50554446095090081162009-07-25T18:17:21.352+08:002009-07-25T18:17:21.352+08:00He is an American CEO. Values during courtship day...He is an American CEO. Values during courtship days and getting toward what it means to run TH as a CEO etc are two different situations.<br /><br />Maybe it's abt skeletons, maybe it's abt accounting and accountability, maybe it's abt power and authority, maybe it's abt key management changes (like he wanting to bring in his team), maybe he got to understand what is SWF versus CPF Fund nexus and constraints ....<br /><br />Maybe ........Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-17556431582476365202009-07-25T15:26:43.253+08:002009-07-25T15:26:43.253+08:00The mere explanation with two words - 'strateg...The mere explanation with two words - 'strategic differences' sounds exactly the way how Temasek/GIC works. No reasons need to be given for whatever happens.<br /><br />We can never know the real answer because we are presumed too simple minded to understand how great minds work. <br /><br />Perhaps Chip was trying too hard to emulate Ong Teng Cheong and was getting too close to the skeletons in the cupboard. He therefore does not fit into Temasek's structure of secrecy.<br /><br />Lost CitizenAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-61955596884348550672009-07-25T12:59:25.460+08:002009-07-25T12:59:25.460+08:00"Even if the recruitment process goes through..."Even if the recruitment process goes through the board, the cabinet and even the President! "<br /><br />So what if it went through THE president? Does it make a difference?小肥与阿宝https://www.blogger.com/profile/15870329836270170996noreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-13688221403677519232009-07-25T10:47:48.743+08:002009-07-25T10:47:48.743+08:00Someone once told me that this is all just an act....Someone once told me that this is all just an act. After the financial loss under Ho Ching, she needs something to let her carry on...as something is definitely being covered up. Of course, this could only come from someone with conspiracy theories aplenty.mrdeshttps://www.blogger.com/profile/18295693638323067002noreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-63699291835372472192009-07-25T01:08:09.937+08:002009-07-25T01:08:09.937+08:00In the world of high finance and investments, you ...In the world of high finance and investments, you can never predict. That's why losses can run into billions. <br /><br />The same can also be said of those CEOs running it. You can never predict how they will turn out later. Even if the recruitment process goes through the board, the cabinet and even the President! Things can still go wrong!<br /><br />But one thing they can predict with accuracy (and which I also can) is that every election there will be 50% walkovers, 66% mandate and 98% seats for the PAP. <br /><br />This one cannot and will not go wrong. Because MM Lee is around to mentor on it. He never got it wrong for the past 44 years!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-64806290380969171702009-07-25T00:30:16.104+08:002009-07-25T00:30:16.104+08:00"This kind of answer could mean anything and ..."This kind of answer could mean anything and everything, and therefore means nothing."<br /><br />This remark is very meaningful.<br /><br />Mr Wang, will you one day consider writing political poem ? The above words of yours make a very good poem line.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-88241024090954926562009-07-24T23:40:58.390+08:002009-07-24T23:40:58.390+08:00Is it about the accountability and transparency th...Is it about the accountability and transparency that he is not getting?<br /> <br />Suppose one gets appointed to head a battered ship, the first task is to do an audit run through all the items in the book, and then create demarcate point through public exhibit. This is a way to declare to the world that whatever fault points or deeds carried out to that moment is not attributable to him. This will also set a baseline to which if market situation improve, he have a metric to claim victory. <br /><br />Could it be that when performing this due diligence check, that he faced uncooperative action by various parties, or that he uncovered some 'skeletons' in the closets ??<br /><br />I recalled that our former president also faced many difficulties when he wanted to dig deep into the book. <br /><br />This is just my conspiracy theory...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-4499100742819040602009-07-24T21:23:46.559+08:002009-07-24T21:23:46.559+08:00I can't help thinking of one scenario which ma...I can't help thinking of one scenario which maybe can explain what these 'strategic differences' are :<br /><br />Goodyear wanted those responsible for some hanky panky business to be held accountable while Ho Ching would like it to be covered up as it would be too big a political gamble for her PM husband.<br /><br />Just my imagination, hope it's not true.Alan Wongnoreply@blogger.comtag:blogger.com,1999:blog-4405345292513335071.post-79161272901941391552009-07-24T19:46:24.570+08:002009-07-24T19:46:24.570+08:00THis goodyear guy is strange. Where did he come fr...THis goodyear guy is strange. Where did he come from? His only high profile appointment is at BHP.Anonymousnoreply@blogger.com