Tuesday, April 9, 2013

It is not just the private sector who can be good at it

I was listening to BFM this morning about the hidden and unknown portion of Malaysian public debt.


One should know the financial crisis that collapses AIG, Lehman and Citi to a certain extent is not knowing the extent of the liabilities that the financial institutions have taken.

Is our government just as guilty in using off balance sheet financing to fund public projects?

Quite interesting this morning's conversation.

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