TAKING a stern line with conglomerates is not at all easy in Indonesia. After the Rp17 trillion Texmaco debt case exploded, a few eyebrows were raised when Texmaco’s boss Marimutu Sinivasan got an audience with President Abdurrahman Wahid at the palace. Despite stacks of bad debts, Wahid treated Sinivasan as if it were all over. It was difficult for the public to say that there was anything wrong in this. So too with the markets and the bus