Wednesday, February 11, 2009

We prosecute the corrupt, not the fool

I remembered receiving slashes and hard time from my mum when accidently over spent my allowance for the week during school days. I record every single cent spent on a note book to show to mum.

Mum is not around this time,

“Temasek’s portfolio was worth 127 billion Singapore dollars( $85 billion) at the end of November, down 31 percent from the end of March.”

31 percent of 127 billion equal to 60 billion, right? Wow, few hundred billion times of my allowance. I wonder what will mum say about this.

(Link)NYT, Temasek Holdings Loses 31 Percent of Portfolio.

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