Posted inAT Finance, Australia, Indonesia, Oceania, South Asia, World

How Bill Clinton hastened Suharto’s demise

The iconic photograph of International Monetary Fund (IMF) Managing Director Michel Camdessus standing over then-President Suharto with his arms folded like a disapproving schoolteacher came to symbolize the eventual downfall of the long-serving Indonesian leader. It was Jan. 15, 1998, deep into the calamitous Asian financial crisis, and the IMF had finally arm-twisted Suharto into […]