I am appalled at the silly deal between the government and Tajudin Ramli over the purchase of MAS shares. According to news report, Finance Minister Daim Zainuddin has the cheek to say that the price is fair as the MAS share value is higher than that. If that is perceived to be true Daim should buy using his own money.

Secondly, Daim could also buy in the open market at a lower price. If the finance minister sincerely believes the market is undervalue, try bidding for the remaining share in the open market at, let's say RM7. I am sure most of the minority share holders will not hesitate to part with the shares.

Come on, Mr Finance Minister. Do not assume that the public are so naive as to believe that this is not a bailout. A rose by any name is still a rose. You may call the deal a buy back or whatever, it is still perceived to be a bailout.

Please be reminded that whatever deal you are in, it is the public money you are dealing with. Any loss is born by the taxpayer. Please handle with care.