11 Comments on “Bank Century Bailout Scandal”

1. Ross Says:
   December 8th, 2009 at 10:11 pm

   SBY would be more convincing about his fear of ‘revolution’ – or is it a coup – if he cut the verbiage about hidden hands and specified who the ‘bad guys’ really are.

   We know that some demos include hired louts and layabouts eager to get lunch money and a day out. The pro-police demo recently was one such, as reported, with interviews, by TVOne, which was the channel I watched at the time, so yes, one must be on guard.

   But all this opaque talking-in-riddles stuff only gets ordinary folks upset. I hope that thousands turn out against corruption and that SBY gets the message and starts hanging a few dozen of the worst cases to encouragez les autres.

   Mind you, traffic will be tough tomorrow!

2. David Says:
   December 9th, 2009 at 11:05 am

   None too subtle cartoon;

   

3. deta Says:
   December 9th, 2009 at 2:07 pm

   Poor Pak SBY….. don’t say that I didn’t remind you that being president is not that easy…

4. Ross Says:
   December 9th, 2009 at 9:42 pm

   Well, just home and watched the news, no revolution, no coup, but in Makassar an amok-run by cretins inexplicably described as ‘students.’ With i.q. levels akin to gants’, they decided to smash up the local KFC, plus parked cars which might as easily have been owned by their rels!

   Seems to me that the cops ought to have been a lot more pro-active in hammering these braying jackasses. As Jakarta’s peaceful and bigger demo showed, there was no violence and no need for it. And if they were students, it’s time for their colleges to kick them out and let in some of the thousands of bright young people from poor families who can’t get a place.

5. Q Says:
   December 10th, 2009 at 9:21 am

   I think the whole situation reeks both ways. You bail the bank out and everyone wants you down for corruption (and of course there preferential treatment here).

   You don’t bail the bank out … well, this was early 2009, GFC was about to hit. It could have triggered a domino effect that ends up with the US at Rp 15,000 and huge budget deficit because of fuel subsidy.

   Either way, I reckon political attacks such as these would be inevitable.

   And if you want to stage a demonstration, do it as a protest against things like this: http://news.bbc.co.uk/2/hi/asia-pacific/8402212.stm

6. Ross Says:
   December 11th, 2009 at 10:28 am

   Thanks for joining in, Oigal. Was beginning to think nobody was interested.
   Nice to see Mrs. Sri in the WSJ actually naming the Golkar kingpin Bakrie.
   If other pols would be as specific as to whom they blame for these machinations, debate would be a lot more useful here.

7. Ross Says:
   December 11th, 2009 at 10:29 am

   Sorry, it was Q, not Oigal. Too early in the day, and I haven’t run across Q before.

8. David Says:
   December 11th, 2009 at 10:30 am

   Nice to see Mrs. Sri in the WSJ actually naming the Golkar kingpin Bakrie.

   You just beat me to mentioning that… here it is. http://online.wsj.com/article/SB126038477044084021.html

9. deta Says:
   December 14th, 2009 at 10:15 am

   So now the case evolves into the personal relationship problem between Sri and Bakrie…. does it make any difference?

   She also mentioned about the last five years… Yes, SBY looked quite good and sincere in eradicating corruption in his first term, and I guess this is the main reason why people chose him for the second term. KPK, acted as a respectable and trustable body that swept corruption gave Indonesian people hope to have a cleaner, fairer country. But all turned out wrong and disappointing in the second term, started with the Century Bank Scandal. Can’t we hope something good last for long in Indonesia? And if all the bankruptcy caused by fraud and mismanagement should be saved by a bailout using the people’s tax money, how much more should we bear?

   It certainly needs more than guts to fix all of ‘em.

10. molceonly Says:
    February 2nd, 2010 at 10:37 am

    i would say, all that mumbling inside pansus is horsesh*t. none of the member of the team would get this issue done. because they do know what that’s mean if Century gate never happen. that means riot 98 again and probably total revolution again. what a poor Indonesian.

    all the teams just trying to be a good actor for their party and people who choose them from the election days… that’s all….

11. ADI YAKSA DAULAY SH , MKn Says:
    July 27th, 2011 at 11:44 am

    presiden harus mengambil langkah yang tepat dalam manangii skandal bank century , dan semua permasalahan keuangan perbankan dan permasalahan yang timbul akibat kejadian perkara harus melalui jalur yang berlaku di indonesia . dan meminta kpk menangani permasalahan di indonesia .

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