Bloomberg on MNCH: Speedo-wearing bankers descend on perfect beach
4 MAY 2009
4 MAY 2009| BALI, INDONESIA - An Indonesian beach isn't the first place you'd look for clues about the trajectory of Asia's economies. Here on the island of Bali, there are myriad ones. They are bankers, many of American and European origin.
The financiers are here for the Asian Development Bank's annual meeting, and the fact they are here at all speaks volumes about Asia. Thailand last month had to cancel a meeting of regional leaders, also planned at a beach resort, amid political unrest. Indonesia's confab is going off without a hitch.