Temasek holding delivers record profits S$ 18Billions (US$12.8 Billions @ 1U$=1.4 S$) for 2008. Who the heck this Temasek holding is? And why should you care about them? Alright, they are the largest shareholder of Merrill Lynch. They are powerful enough to negotiate with Merrill to recoup all their Merrill investment losses by halving their [...]
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