Word: suhartos
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...doomsaying pick of this week has to be The Year of Living Dangerously (1983). Mel Gibson watches Indonesian President Suharto's bloody rise to power; millions killed in military coup. Today, it's still Suharto, it's still a military dictatorship, and with the IMF reforms (and Suharto's reluctance to impose them) making everybody nervous, the generals are still crazy after all these years. Eeesh...
...Suharto: I Promise, Again (Money Daily) ? Indonesia's President Suharto signs and seals a new deal with the IMF. Will he deliver...
Business Bytes Asian markets didn't believe Suharto; why should Wall Street? The Dow slipped steadily all day to wind up almost 100 in the red. Read all about it in the FORTUNE Business Report. Get the numbers by index or stock-by-stock
...Suharto's Fantasy Island TIME magazine reports that President Clinton, in a personal phone call to Indonsia?s President Suharto, demanded that the aging strongman implement IMF reforms. Economic chaos in the Asian nation could lead to a military coup...
...Suharto falls into line, the IMF could accelerate the release of $3 billion in additional funds. And if he doesn?t? The market slide seems sure to continue, and rumors of a military coup, already rife in Jakarta, could move a step closer to reality...