• Thanong
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Thanong
Thanong Khanthong
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Tuesday , July 3 , 2007
Mini series on 1997 crisis (4)
Posted by Thanong , Reader : 956 , 16:17:49  
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The ailing symptoms in 1996A turning point at the Bank of Thailand in mid 1996 revolved around the Bangkok Bank of Commerce. The credibility of the central bank was badly wounded. On July 1, 1996, Vijit Supinit, the governor, was forced to resign from his office. His six-year reign came to an end abruptly, though not surprisingly. Vijit SupinitHe was embroiled in the Bangkok Bank of Commerce scandal.....


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Mini series on 1997 crisis (3)
Posted by Thanong , Reader : 1277 , 11:54:46  
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 We’ve Told You SoJUST how early did the International Monetary Fund flash warning signals to Thailand over its need to fix the foreign exchange regime in order to avoid the financial crisis? If the signals were there, couldn't they be made more openly so that the information could be equally shared? But at the same time, would the information provoke panic or a crisis in confidence?Michel Camdessus,....


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