will go wrong next?
banks: Now comes the real crisis
research: Worth the paper it's printed on?
funds: You can run but you can't hide
Country Risk December 1997: It could be worse
Economic Projections: Overall Rankings
Investment bankers are a tough breed, more used to hard
negotiations and aggressive trading than to dealing with
delicate human emotions. So the Asian capital-markets chief of
a western firm pitching to the Thai ministry of finance one
Thursday in early November found it difficult to know how to
handle the scene that confronted him. "These people were
panicking," he says. "I had one senior official literally in
tears. Hardly anyone is visiting them any more and they don't
know what to do. They were saying 'please help us'."
After a few gruff words of encouragement, the banker came up
with one interesting proposal: not for...