Arroyo faces dirty war on many fronts

Headline: Arroyo faces dirty war on many frontsSource: EuromoneyDate: September 2001Author: Chris Cockerill Being an investment banker in the Philippines is rarely dull. One day you might find yourself being blamed for triggering a collapse in the currency, the next winning a mandate for an unplaceable bond deal. Nerves and tempers are being frayed in […]

Headline: Arroyo faces dirty war on many fronts
Source: Euromoney
Date: September 2001
Author: Chris Cockerill

Being an investment banker in the Philippines is rarely dull. One day you might find yourself being blamed for triggering a collapse in the currency, the next winning a mandate for an unplaceable bond deal. Nerves and tempers are being frayed in the country’s financial markets by fears about collapsing exports, a weakening currency, fiscal deficits and exclusion from international capital markets.




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