GIC invests $14 billion in Swiss bank UBS
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stop worrying about me, mr. first class wanker.Originally posted by walesa:You certainly wouldn't look out of place in the class of the insane - and would perhaps top that class too.
Given your propensity for living a life of self-contradiction and self-denial, you'd be better off seeking some psychiatric help for your schizophrenia before it gets the better of you in your delirious belief you're the next Warren Buffet. 
lets continue our discussion on UBS should we?
do you think they bought it at a fair price? -
I have aleady created a bio for you. Is that not enough?Originally posted by eagle:ya, go and finish a uni education/degree, improve on your analysis and research skills then talk about class la right now you don't have the capability to do so
2001
What is love? (want to know if he is falling in love)
What do u look for in ur life partners? (want to know how to choose girl)
What do gals do when they show interest? (want to know is any girls like him)
Gals, how would u prefer to be ask out on a date? (Want to learn how to date a girl)
2002
Guys, how wil u choose? (how lian, want to tell other he has choice!!)
How do u tell ur parents you got gf? (planning forward, because he anticipate that he will want to bring gf back to make out)
Love at first sight (still living in his little fantasy)
2007
How would you ask your friend for any sexual activity? (horny bastard want to ask girl for sex)
How much money to do you need to get married? (thinking of getting married when he is still a student? maybe thinking of using marriage to hold on to her gf)
Reasons why you would go for Singles Club outing (want to know if he is the only one looking for sex)
Are you attracted by intelligence (he doesnt have charm and want to know if by studying hard will it attract opposite sex)
It is the fear of rejection (Still struggling, no balls to approach chic)
Reason why there are matchmakers (Trying to find out if there is a need to go to one in future)
Define girly / manly (Some girls must have commented that he is girly)
Being single or attached (asking if being single is ok)
10 Things You Must Know About Fat Loss (Trying to look manly because he is one fat cubby mama's boy)
Lucky Singles Club not Desperate Club (Trying to assure himself he is not desperate)
Supposed you are attached (GF is leaving him, want to know who to hold her back)
I have $50,000 saving as a student (claim he has $50,000 cash sitting in the bank while being a student, but his father has to borrow $24,000 from his CPF account to finance this pri.ck's education) -
Nobody in their right mind would ever want to worry about a wanker beyond salvation.Originally posted by Gazelle:stop worrying about me, mr. first class wanker.
lets continue our discussion on UBS should we?
do you think they bought it at a fair price?
Talk about UBS after you've sorted out your self-contradictory tendencies and adequately addressed your follies on which side of the fence you're on. Until then, enjoy your bout of Schizophrenia... -
As I have said, you cannot even do research and analysis properly as challenged.
http://www.sgforums.com/?action=thread_display&thread_id=296995&page=5
So, tell us how we can trust your analysis in this case?
2nd year uni to 4th year uni = 2 yrs of uni Pri school kid can do better than you in your simple maths
So how, with regards to your last statement, let me issue you my challenge from that thread again:
Are you to admit that you are just a plain loser if I can show you calculations of $12500? Do you dare to?
Are to you admit that you are someone with poor analysis if I can point out some facts in the thread that shows the reason why I have to use the CPF? Are you game enough?
Gazelle, if you don't have the balls to admit it, we understand one you know? But then, if you don't have it, don't be a man ok? We understand that you lack both balls and critical thinking skills.
For your so called research above, check out my siggy
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no risk ,no gain.see how an organisation which is supposed to ''represents the interests Australia's superannuation funds, their trustees and their members.''
may lose billions of dollars in Oz property firm.superannuation funds like CPF in
Singapore.
My first question is how come this body is needed?To create jobs?
Or They dunt trust
Oz Taxation Office who runs the fund?
My 2 nd question is wa,this body is holding billions of dollars?
Who oversee the money?
1.www.news.com.au/heraldsun,19.12.2007
Superannuation pain over Centro
See how the smart guys did....
Ben Butler and George Lekakis
December 19, 2007 12:00am
AS much as $5 billion in superannuation money is exposed to troubled shopping centre giant Centro, according to the industry's peak body.
The money is in grave risk after two days of savage selling on the share market slashed the group's value to $2.2 billion from more than $8 billion on Monday.
The big banks, including the Commonwealth Bank, ANZ and National Australia Bank, are also braced to absorb hefty loan losses after the Herald Sun learned yesterday they had lent Centro $4 billion. .....Investors in the retail funds run by banks and other financial institutions appear to be most exposed, as industry funds have largely quit the sector.
In investment,u need guts to do different things.
Construction industry fund CBus, which has $4 billion under management, pulled back from investing in the sector three or four years ago, chief executive Sandy Grant said.
The fund's total exposure to listed property is less than 1 per cent, he said.
He criticised the lack of transparency in the sector.
"We've had a feeling for a long time they've been over-priced," he said.
Motor industry fund MTAA, which has $6 billion under management, and retail fund MLC, with $110 billion, both said they were in similar circumstances. ...
Dunt follow the crowd....
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If you cant even comment on what I am asking, how could you possibly say that I am self-contradictory? Are you going to compare what I said to buying 1US$ for 3S$ just to make you look smarter?Originally posted by walesa:Nobody in their right mind would ever want to worry about a wanker beyond salvation.
Talk about UBS after you've sorted out your self-contradictory tendencies and adequately addressed your follies on which side of the fence you're on. Until then, enjoy your bout of Schizophrenia...
Please go see a doctor about yourself-wanking tendancies in this forum.
haha..upper class wanker!! -
walesa, Goldman Sachs just annouced their quaterly results, I am sure for armchair critics like you will say that that GIC and Temasek should be buying a stake in the company instead.
By my question to you SIR is, when the company is going well, do you think anybody will be interested in selling? -
It doesn't make me look smarter - it just makes you look stupid. That, of course, should be of great concern to you.Originally posted by Gazelle:If you cant even comment on what I am asking, how could you possibly say that I am self-contradictory? Are you going to compare what I said to buying 1US$ for 3S$ just to make you look smarter?
Please go see a doctor about yourself-wanking tendancies in this forum.
haha..upper class wanker!!
Given your propensity for self-contradiction and an innate ability to even remember what you have said, you sure are in need of psychiatric help - you might wish to have your perverse fantasies looked at to. That's assuming they even bother attending to a wanker of the highest order incapable of the simplest form of coherent reasoning... -
I see following eagle's exposing you to your lack of fundamental basic reasoning and analytical abilities (in addition to your self-contradictory tendencies), you're now even further plagued by blindless presumptions. Why don't you do yourself a favour and first address your self-contradictory inclinations?Originally posted by Gazelle:walesa, Goldman Sachs just annouced their quaterly results, I am sure for armchair critics like you will say that that GIC and Temasek should be buying a stake in the company instead.
By my question to you SIR is, when the company is going well, do you think anybody will be interested in selling? -
He dare not see my calculations for himOriginally posted by walesa:I see following eagle's exposing you to your lack of fundamental basic reasoning and analytical abilities (in addition to your self-contradictory tendencies), you're now even further plagued by blindless presumptions. Why don't you do yourself a favour and first address your self-contradictory inclinations?
Well,
http://www.sgforums.com/?action=post_display&post_id=6744653
so how is that for Gazelle you having distorted my figures and factsOriginally posted by Gazelle:I only have issue with people distorting figure and facts in this forums Doing something he doesn't like others to do? (Deja vu right? :lol
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you can call yourself first class business class or whatever class you want.Originally posted by walesa:It doesn't make me look smarter - it just makes you look stupid. That, of course, should be of great concern to you.
Given your propensity for self-contradiction and an innate ability to even remember what you have said, you sure are in need of psychiatric help - you might wish to have your perverse fantasies looked at to. That's assuming they even bother attending to a wanker of the highest order incapable of the simplest form of coherent reasoning...
As long as you are incapable of commenting anything other then the stock price of Barclays, you will just be as good as an armchair wanker. -
Eagle,Originally posted by eagle:so how is that for Gazelle you having distorted my figures and facts Doing something he doesn't like others to do? (Deja vu right? :lol
Please stop your wanking and tua kang story about that $50,000 in your bank account "AS A STUDENT"
If you are so cash rich, why does your dad need to dig into his CPF account to draw out $24,000 to fund your NUS education? Are you some white horse prince where your father has to slog like shi.t while you go to the forum to show off your $50,000, pumping iron and talking about chics.
Grow up lah..bloody wanker!! -
That's the problem with the current line of argument isn't it?Originally posted by Gazelle:walesa, Goldman Sachs just annouced their quaterly results, I am sure for armchair critics like you will say that that GIC and Temasek should be buying a stake in the company instead.
By my question to you SIR is, when the company is going well, do you think anybody will be interested in selling?
Pple are saying "dun throw good money after bad money" and "ubs prices are crashing", but seriously... they wouldn't need GIC's investments if they were making record profits and enjoying a nice bout of schadenfreude over everybody else's adverse exposure to collatorallised debt obligations.
That's the whole point of a "fire-sale"! U move in when they're badly gutted and either help them re-build and make money in the process, or break them up and sell off the parts cos the assets are worth more than the company.
The second option cannot be easily excercised by sovereign wealth funds because of the PR fallout it would generate, but the first option is actually viable in the case of UBS.
I think GIC should accept a board seat and perhaps UBS should think twice about its risk appetite.
As for whether this money is "taxpayer's money", I think there are differing opinions on this and we've discussed it before... It came from the public but having entrusted it to the government, its their call on how to use it.
Its seriously too early to criticise. Honestly, I hope it doesn't come to the worst case scenario because I can so visualise the scene if they actually announce "dear pple, we've lost all our reserves and your cpf money"
It would look something like Romania in the last days of Nicolae Ceauºescu... -
So are you ready to admit your poor analysis and research skills if I can show you calculations to prove it? You have avoided this question for 3 times. No balls to admit it?Originally posted by Gazelle:Eagle,
Please stop your wanking and tua kang story about that $50,000 in your bank account "AS A STUDENT"
If you are so cash rich, why does your dad need to dig into his CPF account to draw out $24,000 to fund your NUS education? Are you some white horse prince where your father has to slog like shi.t while you go to the forum to show off your $50,000, pumping iron and talking about chics.
Grow up lah..bloody wanker!! Are you a man at all?
Do you have the balls to take the challenge? You have avoided this question too... Why? You don't have balls?
Gazelle, if you don't have the balls to admit it, no need to talk so big hor.... Only shows what an empty vessel you are... $50k is not a show-off. As soul_rage has said, he saved $120k as a student. It was only a big deal to you. When you have the balls to take up the challenge then you talk big.
Remember, you are the one who want to ask about the $50k. You made false conclusions and analysis. Now when your conclusions and analysis are challenged and on the verge to be proven totally wrong, you escaped. And you still want to stick to your old conclusions. Is that not called distorting facts and figures? Something which you do not like in this forum, yet you still insist on doing it? -
So now you are using soul_rage as a backup and support your position?Originally posted by eagle:So are you ready to admit your poor analysis and research skills if I can show you calculations to prove it? You have avoided this question for 3 times. No balls to admit it? Are you a man at all?
Do you have the balls to take the challenge? You have avoided this question too... Why? You don't have balls?
Gazelle, if you don't have the balls to admit it, no need to talk so big hor.... Onl shows what an empty vessel you are only... $50k is not a show-off. As soul_rage has said, he saved $120k as a student. It was only a big deal to you. When you have the balls to take up the challenge then you talk big.
According to what you said.
1) You have $50,000 saving in your bank account (AS A STUDENT)
2) You claim that the has got nothing to do with your lau peh's $upport
3) You claim that despite that sponsorship, your lau peh still has to withdraw $24,000 from his CPF account to pay for your LOCAL university education.
4) You claim that he did it because if you put money in the bank, it gives your 2.89% returns (still questionable), while the CPF money cost 2.5%. So he will make extra $9.80 per month
My question to you Eagle the Wanker,
If you dad is so desperate for the $9.80 extra interest per month, am I right to say that your families belongs to the lower income group and that your dad is slogging his arse off while his little white horse prince is sitting at home talking about pumping iron and showing off his $50,000 in the forum..
Are you not ashame of yourself wanker? -
I have already talked about 1) and 2)Originally posted by Gazelle:So now you are using soul_rage as a backup and support your position?
According to what you said.
1) You have $50,000 saving in your bank account (AS A STUDENT)
2) You claim that the has got nothing to do with your lau peh's $upport
3) You claim that despite that sponsorship, your lau peh still has to withdraw $24,000 from his CPF account to pay for your LOCAL university education.
4) You claim that he did it because if you put money in the bank, it gives your 2.89% returns (still questionable), while the CPF money cost 2.5%. So he will make extra $9.80 per month
My question to you Eagle the Wanker,
If you dad is so desperate for the $9.80 extra interest per month, am I right to say that your families belongs to the lower income group and that your dad is slogging his arse off while his little white horse prince is sitting at home talking about pumping iron and showing off his $50,000 in the forum..
Are you not ashame of yourself wanker?
Are you ready to admit your poor research and analysis skills if I can prove to you that 3) and 4) are horrendously wrong conclusions? You have no balls to answer this question is it?
I can also prove to you to the 12.5k you know? Just whether you have the balls to accept that your simple maths failed -
I am not sure who is the one that is lacking in balls in this forums. honestly I find that quite insulting for someone who have been seeking advice on how to prey on girl and ask for sexual favours, to ask me that question.Originally posted by eagle:I have already proven you wrong for 1) and 2)
Are you ready to admit your poor research and analysis skills if I can prove to you that 3) and 4) are horrendously wrong conclusions? You have no balls to answer this question is it?
you are a simply a jerk and you should be ashame of yourself!!
Your $50,000 is worth nothing!! -
Of course I'm entitled to call myself anything I am just as I'm entitled to call you anything I desire. The only issue of relevance is your logic being so abhorrently incoherent it's not just me who's failed to grasp your amnesia-laden riposte...Originally posted by Gazelle:you can call yourself first class business class or whatever class you want.
As long as you are incapable of commenting anything other then the stock price of Barclays, you will just be as good as an armchair wanker.
After all, illogical incoherence is a trait typical of wankers, isn't it? -
exactly, thats why I say you are a wanker.Originally posted by walesa:Of course I'm entitled to call myself anything I am just as I'm entitled to call you anything I desire. -
Now you say is worth nothing. Then, you talked about it so much as if it is worth your lifeOriginally posted by Gazelle:I am not sure who is the one that is lacking in balls in this forums. honestly I find that quite insulting for someone who have been seeking advice on how to prey on girl and ask for sexual favours, to ask me that question.
you are a simply a jerk and you should be ashame of yourself!!
Your $50,000 is worth nothing!!
It is obvious your first paragraph is a wrong conclusion too. I have posted it in my siggy for everyone to decide You can continue in your delusions if you want.
And well well well, if you don't have the balls to admit it, don't need to escape answering by using new tactics you know? But it is already obvious, you know you are wrong, thus you dare not at all accept the calculations and analysis to prove you wrong. Only when you think you are correct will you challenge a person. What is this? No balls to admit mistakes? You should be ashamed of yourself! Call yourself a man -
I don't think the crux of the issue with regards to UBS is whether it was an opportune moment to make the investment. Rather, was it even a worthwhile investment? Clearly, just as was the case with Barclays, the stock prices indicate otherwise...Originally posted by CX:That's the problem with the current line of argument isn't it?
Pple are saying "dun throw good money after bad money" and "ubs prices are crashing", but seriously... they wouldn't need GIC's investments if they were making record profits and enjoying a nice bout of schadenfreude over everybody else's adverse exposure to collatorallised debt obligations.
That's the whole point of a "fire-sale"! U move in when they're badly gutted and either help them re-build and make money in the process, or break them up and sell off the parts cos the assets are worth more than the company.
The second option cannot be easily excercised by sovereign wealth funds because of the PR fallout it would generate, but the first option is actually viable in the case of UBS.
I think GIC should accept a board seat and perhaps UBS should think twice about its risk appetite.
Don't worry - that day will never come. Since when has this fascist regime held its hands up for any of its misdemeanours? After all, perhaps, that's what it would need to await the destiny of Ceacescu - literally, a parallel right up to Ceacescu's final day prior to assassination - befalling this regime...Originally posted by CX:As for whether this money is "taxpayer's money", I think there are differing opinions on this and we've discussed it before... It came from the public but having entrusted it to the government, its their call on how to use it.
Its seriously too early to criticise. Honestly, I hope it doesn't come to the worst case scenario because I can so visualise the scene if they actually announce "dear pple, we've lost all our reserves and your cpf money"
It would look something like Romania in the last days of Nicolae Ceauºescu... -
I see your selective amnesia has prevented the mother of all wankers from citing the post in its entirety.Originally posted by Gazelle:exactly, thats why I say you are a wanker. -
He has done that aplenty.Originally posted by walesa:I see your selective amnesia has prevented the mother of all wankers from citing the post in its entirety.
And it was he who has said:Originally posted by Gazelle:I only have issue with people distorting figure and facts in this forums
I think he has an issue with himself now. -
Doesn't that just drive home my point about his unparalleled propensity for self-contradiction which is in a legendary league of its own?Originally posted by eagle:
I think he has an issue with himself now.
Just check out the first post he made trying to justify long haul investments being worthwhile at all costs, then struggling to reconcile his stance with his fervent backing for Temasek's Barclays exploits. Comedy by the stupid of the highest order. -
If say it all Mr. wanker?Originally posted by walesa:I see your selective amnesia has prevented the mother of all wankers from citing the post in its entirety.
haha...you can call yourself a prince if you want to...
Your Highness