Cover image for Asian godfathers : money and power in Hong Kong and Southeast Asia
Title:
Asian godfathers : money and power in Hong Kong and Southeast Asia
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Publication Information:
New York, NY : Atlantic Monthly Pr., 2007
ISBN:
9780871139689

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30000010158346 HC441 S78 2007 Open Access Book Book
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Summary

Summary

Few groups are more secretive than the Asian "godfathers," the tiny group of obscenely wealthy businessmen who control the economic fates of Singapore, Malaysia, Thailand, Indonesia, Hong Kong, and the Philippines. Mysterious, shrewd, and ruthless, these tycoons represented eight of the twenty-five wealthiest people on the planet in the 1990s and they continue to command multibillion-dollar personal fortunes, controlling everything from banking and real estate to shipping and gambling--yet their names would not be familiar to regular readers of The Wall Street Journal . Who are they and how do they do it? That is the question Joe Studwell, author of the acclaimed book The China Dream , answers in this incisive behind-the-scenes exploration of the outsize figures behind the veil. Studwell has spent fifteen years as a reporter in the region and uses his unprecedented access to paint intimate and revealing portraits of the godfathers--who they really are and how they make, build, and maintain their fortunes. Asian Godfathers is an explosive book that lifts the curtain on a world of staggering secrecy and hypocrisy and reveals--for the first time--who the leaders of one of the world's most important and tumultuous markets really are.


Table of Contents

Mapsp. viii
Introductionp. xi
Author's notep. xxvii
Part I Godfathers of yore
1 The contextp. 1
Part II How to be a post-war godfather
2 How to be a godfather, #1: Get in characterp. 43
3 How to be a godfather, #2: Core cash flowp. 65
4 How to be a godfather, #3: Structuring an organisation - chief slaves and gweilo running dogsp. 83
5 How to be a godfather, #4: Banks, piggy banks and the joy of capital marketsp. 94
Part III Godfathers today: Defending the precious
6 The 1990s: Ecstasy and reckoningp. 125
7 Finale: The politics, stupidp. 175
Notesp. 199
Cast of charactersp. 241
Selected bibliographyp. 290
Appendixp. 299
Acknowledgementsp. 302
Indexp. 304