hefty north asia deal pipeline, page-2

Macquarie is a Big Fish in a Small pond. It creates waves in Australia and in a tired Europe and US. It deals with smaller Aisan corporations and is welcome as long as it brings along a bag of cash. No one in Asia will say no to that. Thats how you gain entry to the poker table. A pile of cash not your experience.

The chairmans' wife is Viet Names Chinese She is a novelty here. He is not so in Aisa. Macquarie will be taken over by an American consortium led by the Carlysle group. They may not put their name to it but it will be their money.

China and India have their own ideas of whats big and whats small. They have their own intellectual capital in this area and need some tokens to show their compliance with WTO rules. Macquarie is not unique or seminal to them.

Who do you think runs most of the number crunching and legal strategies for the major US based Wall Street Investment Bankers these days since the demise of Milken the Hype?? Indians and Chinese who graduated from their own institutions then took Harvanr, Yale and other Ivy Leagues like toys and shook themn to their core. Warren Buffett did not take on a Punmjabi expatrite nor Milken Cavas Ghobai a Gujarati Indian because they liked their bottoms? It was becaus ehtey were simply the best.

The Chinese government have Dr. Wang Da Shu from La Trobe Melbgourne having first studied in the Indian Institute of Technology as a petroleum engineer.

We have no idea. Our idea of being entrepruneuerial is bribing Saddam in the wheat scandal or regurgitating board menbers each of whom steals from one corporation before moving on to the next.

Macquarie is small potatoes in ASIA my friend.