Right to know or right not to know?
We have heard the huge losses of Temasek's investment, all $58b! Now, don't ever poof poof this as small change. It is a very huge sum of money. What about GIC? How much has it lost? Rumours and speculations are that it has lost more than $100b! Given the $550b portfolio that it was managing then, it is unlikely that it can escape the meltdown with less than 30% loss. Do the citizens have the right to know how much we have lost? Or shall this be kept under veil in the name of secrecy or professional expediency? Is it acceptable not to tell the people how much we have lost? Is this the people's money? If so, can we ask and be told of the real numbers? Or shall we be complacent and just trust that the money is in good hands?