Word: mahathir
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Dates: during 2000-2009
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...Malays were employed in the civil service, started several new, government-managed, big-sized unit trust schemes allowing non-Malay participation. He even allowed unsold portions of the units reserved for Malays, to be offered to non-Malays after a stipulated time. (See pictures of former prime minister Dr. Mahathir Mohamad...
...Another lesson: don't be afraid to experiment. Unorthodox measures can pay off. Malaysian Prime Minister Mahathir Mohamad was slammed by most orthodox economists for pegging his currency and slapping on capital controls when the crisis hit to defend the ringgit. While Mahathir's anti-Semitic diatribes against hedge funds and currency traders were off the mark, his radical action bought Malaysia time and almost certainly saved it from the worst ravages of the crisis...
...years ago, when Anwar was Malaysia's Deputy Prime Minister and a star in the United Malays National Organization (UMNO), the dominant political party in the ruling National Front coalition, he launched a challenge against the long rule of former Prime Minister Mahathir Mohamad. In short order, Anwar was sacked and charged with sodomy and abuse of power. Although the sex charge was overturned in 2004, the man once presumed to become Malaysia's next Prime Minister languished in prison for six years...
...danger of losing power for the first time since Malaysia gained independence, in 1957. The charges, which have sidetracked Anwar's plans to re-enter Parliament, echo those preceding his 1998 imprisonment for sodomy. That conviction--overturned in 2004--came after his falling-out with then Prime Minister Mahathir Mohamad over leadership of the ruling umno party. Sodomy is punishable in the Muslim-majority nation by up to 20 years behind bars...
...this sounds familiar to those following Malaysian politics, consider what happened a decade ago. Then the country's Deputy Prime Minister and a star in the United Malays National Organization (UMNO), Malaysia's largest political party, Anwar launched a challenge against the long rule of former Prime Minister Mahathir bin Mohamad. Anwar was quickly sacked and charged with sodomy and abuse of power. Although the sex charge was overturned in 2004, the man once presumed to become Malaysia's next Prime Minister languished in prison for six years...