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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Editorial: Bakrie and WMD

  • The Jakarta Post

| Mon, October 20 2008 | 11:24 am

PREMIUM Shares in the Bakrie Group of Companies listed on the Indonesian stock exchange are almost like weapons of mass destruction (WMD) for the local market. And therefore, they require careful treatment by the authorities, lest they explode and burn everyone else in the market. But no bailout, please. How Bakrie shares have become WMD in the local market is down to the group's sheer size, the ...