According to this ChannelNewAsia article, they MAY have been exploring the possibility? Or were they just being prudent in their response to avoid unnecessary panic?
Btw, Lehman Brothers closing shop...
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/371722/1/.html
My condolences.
Meat Pao.
Any investment with the potential to lose money is a good buy. At least that's the way it seems with Temasick's foray into ailing banks.
Temasick is not investing in Lehman but Barclays is a potential bidder.![]()
Too late... Lehman just officially went bankrupt!
The feds didn't step in this time.... awww.
u mean singapore "twice bitten, still not shy" meh....?
yup, anyway, lehman is likely to file for chapter 11, so there goea another illustrious name in banking.
wah, heng me no park my $$$ there ah.
dat time me went to their ofc.
eben their receptionist was so poised.
.
If Temasek did not invest into Lehman Brothers before, they will soon be owning parts of the assets - human resources - belonging to the Lehman Brothers, as the Barclays Bank - {which Temasek has dumped a few billions to own a minority stake} - is making attempts to buy parts of the the Lehman Brothers.
Barclays is not bidding to swallow the entire Lehman Brothers and assume all the debts, but is picking the prime cherries - the human talents - that helped to build Lehman Brothers prior to the rot eating into its entire body.
buying into any financial institutions now is like playing russian roulette.
Originally posted by Hello Kitty:wah, heng me no park my $$$ there ah.
dat time me went to their ofc.
eben their receptionist was so poised.
.
now change to cleaner aunty liao, holding both cleaning and reception jobs
Originally posted by dragg:buying into any financial institutions now is like playing russian roulette.
Not really, it can be an opportunity, if u got cash in hand, it good to buy when they are down..the tide will rise again. That is what capitalism is all about. up and down, up and down..
Originally posted by Atobe:If Temasek did not invest into Lehman Brothers before, they will soon be owning parts of the assets - human resources - belonging to the Lehman Brothers, as the Barclays Bank - {which Temasek has dumped a few billions to own a minority stake} - is making attempts to buy parts of the the Lehman Brothers.
Barclays is not bidding to swallow the entire Lehman Brothers and assume all the debts, but is picking the prime cherries - the human talents - that helped to build Lehman Brothers prior to the rot eating into its entire body.
Hmm...they are buying the intellectual property, smart move, taking full advantage of pasar malam sales
Originally posted by angel7030:
now change to cleaner aunty liao, holding both cleaning and reception jobs
wow, brilliant strategy!