28-11-2014, 09:10 AM
(28-11-2014, 08:47 AM)specuvestor Wrote: ^^ there has always been bad blood between Dr M and LKY, which IMHO stems from Dr M trying to outdo LKY in legacy.
If you read LKY memoir the real underlying reason was Singapore refused to extend USD loan to Malaysia and refused to internationalise the SGD as an ASEAN currency. Makes sense to me
Yes, I always assumed the CLOB issue is more of a result of power-play, than a SGX's fault.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡