These things could never happen… or could they?
Singapore: In March, following US$30 billion in write-downs by Goldman Sachs, Temasek injects $20 billion in new capital. October: Goldman bankrupted by $80 billion yen carry trade and derivatives losses.
Malaysia: Vijay Singh declared persona non grata by Malaysia citing a Hindu plot to convert Malays. Top cleric issues a fatwah against all Indonesian M…
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