datakid23 (![[info]](http://l-stat.livejournal.com/img/userinfo.gif){kind=small} datakid23) wrote,@ 2006-10-06 10:05:00 |
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It is hidden away in the business section of The Age, but I've found an article in which a Morgan Stanley chief economist (and he should know) says that Singapore is poorly managed financially, and the only reason it has done so well is that it was turning a blind eye to the money laundering done by corrupt Indonesian business men and government officials...
I guess in the back of my mind I'd always wondered where the money had gone, and now I know. It would seem that the business community not only knew, it doesn't seem to mind. I mean, as long as the money stays in the market, does it matter if it is there on behalf of mum and dad or on behalf of corrupt Indonesians?
I guess in the back of my mind I'd always wondered where the money had gone, and now I know. It would seem that the business community not only knew, it doesn't seem to mind. I mean, as long as the money stays in the market, does it matter if it is there on behalf of mum and dad or on behalf of corrupt Indonesians?
