Let's just hope things don't get uglier as Sri Mulyani is leaving for the G-20 meeting and Sofyan Djalil is taking over her position, ad interim.
Saturday, November 08, 2008
So why the 10% threshold
It might or might not be true that there is no friction in the Cabinet, although it's hard to believe that a sane Minister of Finance bows down to a business interest of another minister. It might or might not be true that the suspension of the trading of particular stock is a common practice. But Vice President Kalla's arguments just don't add up. The 10% threshold for automatic suspension has already been installed. Any stock traded on the floor should be subject to it, without exception. So why do you still apply discretion on top of it? What is then the use of the 10% threshold?
Posted by Aco at 2:50:00 PM