Guaranteed Trap?

May 14, 2002

It would be extremely tough to find a dim-witted legal entity that would want to shoot itself in its own foot. But, please, don't be surprised if the government of Indonesia turns out to be one of the rare species that allows itself to be taken hostage. You don't believe me? Let's review the events of the past four years. The government has so far not been able to get out of the business of taking care of problematic banks. Whatever it decide

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