Date: Wed, 22 Jul 2009 12:19:01 GMT
Local: Wed, Jul 22 2009 8:19 pm
Subject: Re: Goodyear failed to make it..... is it a devious Ho Chin ploy to keep her job?
In his short few months Chip has shown what he
is capable of doing. He has shown that he is more
than able to shake up Temasek and bring it to
a more profitable growth path. In short he has
outperformed Ho Jinz.
The Board did not give him their full support in
some of his initiatives because these hurt the interests
of some members of the pap Leegime inner sanctum.
After spending two years studying the man and
satisfied that he is the best person in the world to
lead Temasek, it is unthinkable for Temasek
Board to withheld full support from Chip. Why
do u hire someone when u don't give him a free
hand. U should not have hired him in the first place.
The only logical answer is he has stepped on the
interests of the pap Leegime. The board panic
and withheld their backing to some of his initiatives.
> It is not unexpected..... A CEO whose only experience is managing a
> mining outfit, failed to make it as the CEO of Temasek...a giant
> conglomerate overseeing a stable of huge business organisations
> including Singapore Airlines, Development Bank of Singapore, PSA,
> SingTel.....and a sovereign fund of hundreds of billions.
> The Board of Temasek was wrong to have picked him....a man with no
> track records of success in managing a huge conglomerate...as diverse
> asTemasek. Perhaps it was Ho Chin devious manipulation... By
> employing someone who is sure to fail...it show Singaporean that she
> is needed ...even though she lost hundreds of billions dollars.