Superprofits

Posted: March 18, 2010 by fievel in Labels: , ,
0

http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_503056.html

Another financially rewarding land sales for our PAP government. $302 million for this plot of land...another few of such sales and our GIC and Temasek's recent losses would be more than made up for.

Who pays for all these ultra high bids eventually? The Singapore consumer. Sweeet.

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