It is true that the two major shareholders of the failing Bank Century are Pakistanis with British nationalities. But jumping into a news article with astrong title leading to an impression that all foreign owners are bad guys is a journalistic folly. We still remember that more than ten years ago, when banks money were drained out, it was Indonesians who stole the money and ran away. But no news was titled "Be Careful with Indonesian Shareholders".
Thursday, September 03, 2009
Of course it's the foreigners' fault
Kompas today runs an article on the first page titled "BI to be Watchful to Banks' Foreign Individual Owners" (BI agar Hati-hati kepada Pemilik Individu Asing, Kompas 3/9)). Knowing Kompas, I'm not surprised by its xenophobic tone. But I was curious who they quoted that statement from. So I read through. Twice. There are two quotes. And no one says so.
Posted by Aco at 7:52:00 AM