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| Author: | Mclean, J. |
| Title: | Can Thailand wake from its lending nightmare? |
| Journal: | Accountancy
1996 : SEP, VOL. 118:1237, p. 33-37 |
| Index terms: | ACCOUNTING THAILAND ECONOMICS |
| Language: | eng |
| Abstract: | For four years, the Bank of Thailand failed to prevent a financial disaster that may be bigger than Barings, Daiwa or Sumitomo. In a stunned Thai financial world, executives are asking if it is now the guards that need guarding. In better days his flight to Switzerland would not have aroused suspicion. Not only is Zurich a natural destination for a banker, but the formidable heat of May drives many senior Thais to Europe for a summer break. Krirkkiat Jalinchandra was certainly senior. For nine years he had been a leading figure in an incestuous Thai financial world. |
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