Monday, March 17, 2008

Bear Stearns

Dear Mr. Tan,
Did the Singapore Government invest in Bear Stearns?

REPLY
I recall that GIC and Temasek invested in UBS, Citigroup and Merrill Lynch. I do not recall that they invested in Bear Stearns.
at

4 comments:

  1. AnonymousMarch 17, 2008 10:06 AM

    Warren Buffet invested in the Bear.

    ReplyDelete
  2. AnonymousMarch 17, 2008 7:39 PM

    Public money should never be used to bailed out commercial entities, directly or indirectly. The governments of these countries are out of control.

    ReplyDelete
  3. hongjunMarch 17, 2008 11:44 PM

    Knowing how cheap Bear becomes really made me ... The financial markets is so dynamic.

    ReplyDelete
  4. hongjunMarch 17, 2008 11:48 PM

    I remembered Warren Buffett denied interest in Bear. So do he really buy?

    hongjun

    ReplyDelete