Thus locking in an amazing loss that started by buying $6B of a $42B-valued company they had no business buying in the first place :-)
Let's see, BofA bought ML for $50B of stock around Sep 15, when BAC was around $40/share ... today it closed at $10.67; I'm guessing Temasek sold in March, when it briefly touched lows of $3. Those who bought from Temasek have seen a triple-digit return in the last few weeks ...
If both barrels fired, Temasek appears to be missing a foot today.
/jordan