28-03-2013, 04:06 PM
(28-03-2013, 03:35 PM)CityFarmer Wrote:(28-03-2013, 03:17 PM)cfa Wrote:(28-03-2013, 01:38 PM)specuvestor Wrote:(28-03-2013, 09:34 AM)cfa Wrote: GIC and Temasek bought big time into banks in US and EU before AFC 2008/2009, do they mark these investments to market ?
IIRC there was a $40b loss for Temasek, effectively losing what they made from the Chinese banks, and Goodyear was supposed to replace Ho Ching.
What is IIRC stands for ? Thanks.
IIRC = If I Remember Correctly
May i suggest a sticky thread for common acronym ?
Thanks Cityfarmer, I am learning new thing everyday.

“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.