Comments on: Dangerous Ground

By: the farang doesn’t speak at all « Werewolf's Lair

the farang doesn’t speak at all « Werewolf's Lair — Wed, 23 Dec 2009 07:05:15 +0000

[...] have linked it to the article at Absolutely Bangkok a month or two ago that indicated that the authorities would begin cracking down on blogs and [...]

By: jk

jk — Wed, 04 Nov 2009 06:55:21 +0000

One of the arrested was a former employee of UBS, but had not worked there for a full year. The other was with a local broker Seamico, not Credit Suisse.

The Seamico employee could possibility have broken securities laws (or at least ethical practices), by publishing opinions under and assumed name while giving investment advice publicly.

In the case of the ex-UBS woman at least, she just translated something that had already been published in English. She did so after the market closed and after it had suffered its sharp fall.

I believe the only market move post-publication was up.

She published the translation after the market fell to explain why. It then rose the next day.

It would appear impossible to claim that she played a role in the original market fall or later correction.

It is hard to see how this could violate any law at all, and I will be surprised if it goes to court.

Neither comment was published as a part of any job and I don’t expect either will get legal support from these banks.

I assume CT Bruton is Chris Bruton, a rabid PAD supporter so we can see what is going on with his comment: expressing an opinion. There is nothing wrong with it in either case, certainly not to the degree that the government should, or should be allowed to, interfere in.

(BD: Thanks for the clarification, hadn’t updated the first available reports yet. The word later on was that UBS and Credit Suisse were having manipulated stocks – a claim that’s rejected by the SEC itself: http://enews.mcot.net/view.php?id=12620)

By: Talen

Talen — Mon, 02 Nov 2009 17:06:07 +0000

Oneditorial, just what do you believe the social punishment is that will fit this crime? Someone showing up at her house to scare her or would perhaps killing her be better?

By: eman

eman — Mon, 02 Nov 2009 16:59:04 +0000

Oneditorial, regarding your advocacy for “social punishment,” I think in English we call it linching, similar to killing by throwing stones. My Thai girlfriend witnessed a lone farang get the shit kicked out of him by a local Thai mob. She called their action “using the foot.” Euphemisms are a dime a dozen in fanciful Thailand. BTW something tells me Bruton is on to something here. Let’s hope he elucidates.

By: seaking the truth on Thai tourism - TeakDoor.com - The Thailand Forum

seaking the truth on Thai tourism - TeakDoor.com - The Thailand Forum — Mon, 02 Nov 2009 16:36:27 +0000

[...] Dangerous Ground [...]

By: Further crackdowns on websites etc ?? - TeakDoor.com - The Thailand Forum

Further crackdowns on websites etc ?? - TeakDoor.com - The Thailand Forum — Mon, 02 Nov 2009 16:23:55 +0000

[...] [...]

By: Oneditorial

Oneditorial — Mon, 02 Nov 2009 16:07:37 +0000

I don’t think many Thais give a cr@p about how much the shares fell last month. But these two crossed the line. Thankfully someone managed to find the woman’s home address and posted it on the internet. Now she will have to face the consequences of her action. That is called social punishment.

By: CT Bruton

CT Bruton — Mon, 02 Nov 2009 14:33:03 +0000

As it turns out, these two are enthusiastic supporters of Thaksin. Can you see what’s going on here?

(BD: Please elaborate CT.)

By: KV

KV — Mon, 02 Nov 2009 02:28:54 +0000

I read the news about the arrest too and think that considering the banks involved, I truly hope they see they would not see them as disposable and give them proper lawyers but hardly think it will happen. The moment they were arrested, lawyers the otherside of the planet decided that it is better not to endanger the banks postion in Thailand and let the two bankers rot in jail for LM. This happens after all in China too, where companies ie. the managers don’t give a crap about ethics or human rights if it means they would be barred from markets.

By: Talen

Talen — Mon, 02 Nov 2009 00:47:13 +0000

This could be very troubling news indeed and not just for the website and blog authors that write about the bar scene.

We all write about Thailand and touch on aspects of nightlife here and there, it’s hard not to. The way Thai authorities usually go overboard could very well mean that other sites might get caught in the net.

It’s sad that they would rather censor what people are saying than actually doing the necessary things to clean up the perceived problems.

I feel for the Thai bankers. It’s not like they broke news here … everyone knew the king has been sick and for all the double talk about lung inflammation most people figured that out as pneumonia.