Malaysia Stock Quotes

Excerpt from page 113 [On Malaysia's Prime Minster's anti-capitalism and anti-globalization policies in September 1997] "Ah, excuse me, Mahathir, but what planet are you living on? You talk about participating in globalization as if it were a choice you had. Globalization isn't a choice. It's a reality. There is just one global market today, and the only way you can grown at the speed your people want to grow is by tapping into the global stock and bond markets, by seeking out multinationals to invest in your country and by selling into the global trading systems what your factories produce. And the most basic truth about globalization is: No one is in charge. You keep looking for someone to complain to, someone to take the heat off your markets, someone to blame. Well, guess what, Mahathir, there's no one on the other end of the phone!" "The Electronic Heard cuts no one any slack... The herd is not infallible. It makes mistakes too. It overreacts and it overshoots. But if your fundamentals are basically sound, the herd will eventually recognize this and come back. They herd is never stupid for too long. In the end, it always responds to good governance and good economic management.

NDTV was attracting several investors during the UPA regime. Mukesh Ambani and Naveen Jindal’s father in law’s Oswal Group were funding NDTV. Niira Radia tapes tell us that she brought Mukesh Ambani to NDTV. One must remember that these were the days of 2G, Coal, Krishna Godavari (KG) Basin scams[8] under the leadership of Sonia Gandhi. NDTV was accepting money from all the culprits in the scams. Now it is found that NDTV even had a money trail of $40 million from Malaysia’s Maxis Group which was illegally allowed to take over Aircel mobile phone operator by Sonia Gandhi’s Finance Minister P Chidambaram in 2006[9]

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