Thanong

Thanong Khanthong
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Thursday , November 5 , 2009

Democrats divided over how to handle Saxena

Posted by Thanong , Reader : 269 , 19:43:19

November 5, 2009Now that Rakesh Saxena is in Thai cusฌtody, will he reveal all?It depends on the ruling Democrat Party. At this point, the Democrats are divided over how to handle Saxena as far as Korbsak Sabhavasu, the deputy prime minister in charge of economic affairs, and Suthep Thaugsuban, the deputy PM in charge of security affairs, are conฌcerned.The Korbsak faction would like to use Saxena fo....

November 5, 2009Now that Rakesh Saxena is in Thai cusฌtody, will he reveal all?It depends on the ruling Democrat Party. At this point, the Democrats are divided over how to handle Saxena as far as Korbsak Sabhavasu, the deputy prime minister in charge of economic affairs, and Suthep Thaugsuban, the deputy PM in charge of security affairs, are conฌcerned.The Korbsak faction would like to use Saxena fo....

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Nukul findings were inadequate

Posted by Thanong , Reader : 211 , 19:41:16

Wednesday, Nov 4, 2009In December 1997, new finance minister Tarrin Nimmanahaeminda appointed a commission, chaired by former central bank governor Nukul Prachuabmoh, to study what had gone wrong with the Bank of Thailand’s management of the baht crisis. The Nukul Commission also took time to study the Bangkok Bank of Commerce fiasco.The nine-page report was inadequate in its investigation into the B....

Wednesday, Nov 4, 2009In December 1997, new finance minister Tarrin Nimmanahaeminda appointed a commission, chaired by former central bank governor Nukul Prachuabmoh, to study what had gone wrong with the Bank of Thailand’s management of the baht crisis. The Nukul Commission also took time to study the Bangkok Bank of Commerce fiasco.The nine-page report was inadequate in its investigation into the B....

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Wednesday , November 4 , 2009

US debt, Japanese debt

Posted by Thanong , Reader : 257 , 08:37:32

November 4, 2009By: Eric Sprott & David FranklinSPROTT ASSET MANAGEMENT LPSurreality Check Part Two...In November 2007 we wrote an article entitled “Surreality Check… Dead Men Walking”, in which we discussed the early warning signs of the impending credit crisis and highlighted companies that were looking particularly troubled to us at the time.We identified General Motors with a book value of ne....

November 4, 2009By: Eric Sprott & David FranklinSPROTT ASSET MANAGEMENT LPSurreality Check Part Two...In November 2007 we wrote an article entitled “Surreality Check… Dead Men Walking”, in which we discussed the early warning signs of the impending credit crisis and highlighted companies that were looking particularly troubled to us at the time.We identified General Motors with a book value of ne....

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Tuesday , November 3 , 2009

Dont let Saxena die

Posted by Thanong , Reader : 220 , 13:51:19

Published on November 3, 2009Deliberate leak of bank documents triggered BBC and Thai economy's collapse but will financier spill the beans on dodgy deals in '96?In his second part of the series on the Bangkok Bank of Commerce scandal, Thanong Khanthong asks who ordered the closure of the bank in 1996 that triggered off the 1997 financial crisis.In his fight against being extradited from Canada over ....

Published on November 3, 2009Deliberate leak of bank documents triggered BBC and Thai economy's collapse but will financier spill the beans on dodgy deals in '96?In his second part of the series on the Bangkok Bank of Commerce scandal, Thanong Khanthong asks who ordered the closure of the bank in 1996 that triggered off the 1997 financial crisis.In his fight against being extradited from Canada over ....

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Monday , November 2 , 2009

Saxena a political bargaining chip

Posted by Thanong , Reader : 268 , 13:04:21

Published on November 2, 2009 In the first part of a series, Thanong Khanthong reports that initial pre-bargaining talks could be underway between the Democrat-controlled police and Rakesh Saxena as the leading coalition party tries to zero in \|on the big fish.After a good night's sleep in the hospital within the Bangkok Remand Prison, Rakesh Saxena woke up yesterday morning feeling fresh and in high....

Published on November 2, 2009 In the first part of a series, Thanong Khanthong reports that initial pre-bargaining talks could be underway between the Democrat-controlled police and Rakesh Saxena as the leading coalition party tries to zero in |on the big fish.After a good night's sleep in the hospital within the Bangkok Remand Prison, Rakesh Saxena woke up yesterday morning feeling fresh and in high....

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The road to scandal

Posted by Thanong , Reader : 232 , 13:02:07

Published on October 31, 2009 Thanong Khanthong examines the Bangkok Bank of Commerce saga, which emerged as the ailing symptoms of the 1996.A turning point at the Bank of Thailand in mid-1996 revolved around the Bangkok Bank of Commerce (BBC).With the credibility of the BOT hit hard, governor Vijit Supinit was forced to resign on July 1, 1996, bringing an abrupt, but hardly surprising, end to his si....

Published on October 31, 2009 Thanong Khanthong examines the Bangkok Bank of Commerce saga, which emerged as the ailing symptoms of the 1996.A turning point at the Bank of Thailand in mid-1996 revolved around the Bangkok Bank of Commerce (BBC).With the credibility of the BOT hit hard, governor Vijit Supinit was forced to resign on July 1, 1996, bringing an abrupt, but hardly surprising, end to his si....

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See you in Bangkok

Posted by Thanong , Reader : 237 , 12:55:47

"See you in Bangkok"By The NationNovember 27, 2009Thanong Khanthong has an exclusive interview with Rakesh Saxena before the Canadian Supreme Court rules on his extradition.It was quite some time ago when we last talked. When I placed a call to Rakesh Saxena on Wednesday night, I was expecting that he might not be in any mood to talk to me. I had heard about his deteriorating health from hi....

"See you in Bangkok"By The NationNovember 27, 2009Thanong Khanthong has an exclusive interview with Rakesh Saxena before the Canadian Supreme Court rules on his extradition.It was quite some time ago when we last talked. When I placed a call to Rakesh Saxena on Wednesday night, I was expecting that he might not be in any mood to talk to me. I had heard about his deteriorating health from hi....

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