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Strategies & Market Trends : Asia Forum

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To: peter michaelson who wrote (6102)9/2/1998 8:38:00 AM
From: Stitch  Read Replies (4) of 9980
 
Peter,

IMO we may as well write off Malaysia.

My bank accounts were frozen today as Bank Negara was unable to issue clarifying instructions to the banks. So it just told all the banks to freeze the assets. Went to the ATM and took out what I could as I leave for Manila tomorrow.

Furthermore I have no idea what I am returning to when I come back Saturday. The ruling party (umno) has called a hasty meeting for Thursday. The rumor tonight is that Anwar has either been fired or has resigned.

These idiots went and initiated a policy without preparing for it.

Bastards.

Best,
Stitch
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