800 chips of $1m each are on the Merill Lynch table. Temasek had earlier bought US$4.4 bil worth of Merrill Lynch shares and with the additional $800 mil through exercising its option, it now holds near to 10% of Merrill Lynch.
Would this large holding qualify Temasek to have a say and the management of the company? Or we are so trusting to let the Merrill Lynch managers to run the show at will