Goldman Sachs has apparently managed to get itself out of a spot of hot water in Thailand after issuing a research report which dragged the finance minister into a row with a leading newspaper.
A parliamentary committee on fiscal, banking and financial institutions called for it to be “punished” for its research report issued earlier in the year in which it quoted finance minister Tarrin Nimmanahaeminda as urging the country’s banks, including the largest Bangkok Bank, to take advantage of the government’s bank recapitalization support programme.
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