Monday, May 25, 2009

the success of singapore





Taemasek on BOA (bank of America):
It was a long-term investment.
The sold them at the loss in 1Q2009.

The Singapore flyer’s breakdown for month in 2009.
They said, “It was good so that more people will know and come for the flyer.
What rubbish they are talking!

Town council invested on exotic structured products such Lehman brother and made a loss.
They said, “Overall, we are still earning profit for the past 10 years.
A loss is a loss, just admit it.

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