GSASSETMANAGEMENTIntroduction“Hello……”“Sawadee“Hello”inThailanguage”“’sfromBEBBigEuropeanBank(BEB)-asidentityofthisbankwillnotberevealedforpurposesofconfidentiality..MayIspeaktoMrKaaampoolAdsasahfdkj”Silence.“KaaampooolAdsavlikaii…”“Ring!Ring!”“Sawadee”“KammpulAdsav….?”’,panycalledGSAssetManagement(GSAM)%'-,volatility,,themarketshadcrashed,theThaiBahtwas"cheap"?WhatifBEBboughtastakeandin3yearsThailanddecideditdidnotlikeforeignownershipoflocalassets?WhatiftheBahtdepreciatedfurther?Whatifthiswasjusta"panyupforsale?Wasthere"value"here?,munitycallsthemthe“AsianTigers”,mostofSouthEastAsiancountrieshavetransformedtheireconomiesintoapowerhouseofexportingproducts,,plishedgreatresultintermsofreducingpoverty,,,CentralBankshandledmostofthedemandbyreducingtheirlevelofinternationalcurrenciesinordertomaintaintheexchangerate,,
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