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Wednesday, June 8, 2016

A Self-Inflicted Downgrade for Malaysia?

A Self-Inflicted Downgrade for Malaysia?: By WILLIAM PESEK
Barron's Asia
June 8, 2016

Goldman Sachs finds itself ensnared in the 1MDB scandal which threatens to squeeze the nation’s

With vast natural resources, 30 million people and enviable proximity to China and India, the place should be thriving. Yet it’s run by a party putting its own interests ahead of the masses. And now, Najib’s creature is squeezing Malaysia’s credit rating. No wonder investigators and investors alike have that sinking feeling.

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