Pots and Kettles  

Oleh:

The Economist

Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 387 no. 8580 (May 2008), page 85-87.
Topik: Finance; Credit Crisis; Asia; Wall Street; Economics

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.49 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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When China's three leading state-run banks finally felt confident enough to list their shares in 2006 and 2007, after years of losses from bad lending practices, the initial public offerings contained two common elements: big Western banks acting first as underwrites and second as strategic investors. What the government most wanted was an endorsement of quality that it felt could come only from the cream of global banking. It was prepared to offer the lucky few the chance to make billions of dollars, in exchange for sharing what if thought was their inavaluable risk-management expertise.

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