Yet CEO Azman Hashim, 56, who once limped away from his smashed Porsche, worries about financial liberalization.
Sure, the government's inability to manage financial liberalization led to the existing problems.
With the revolution in information technology and financial liberalization, capital moves in cyberspace at a pace and frequency unknown before.
In the early 1990s, the Asian miracle economies received a large inflow of foreign private capital on account of the financial liberalization they undertook and their economic success.
Nine areas of priority were highlighted, including reforming public administration, fiscal reform, financial liberalization to allow for more international bank participation in the Chinese economy, social welfare reform, urbanization, agriculture modernization, and technology and innovation.
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Take Uday Kotak, 47, whose Kotak Mahindra Bank is taking advantage of partial liberalization of financial services.
At the same time they are trying to carry off gradual liberalization of the financial sector and sustain the much-discussed yuan fix to the dollar.
Key reforms that would open up the country's financial sector such as the liberalization of interest rates and the opening of the capital account have been put on the back burner, and the timeline for their realization is uncertain.
At about the same time, the Tokyo Stock Exchange rules liberalization brought additional Western financial executives and their families to Tokyo.
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Finally, a moratorium must be imposed upon further liberalization of economic, financial and technology relations with Soviet bloc countries pending completion of the aforementioned damage assessment.
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In 1996, however, Theodoros Karatzas, the minister who spearheaded the liberalization of the country's financial markets, was told to clean up the bank.
The Malaysian leader may also be echoing a cry of fear and pain from all Asia, whose world-beating growth looks set to slow in the face of increasing financial woes and global competition -- both triggered in large part by liberalization.
Japanese financial services deregulation - dubbed the "Big Bang" after a similar British liberalization in the 1980s - began officially in 1998 and is scheduled to be completed in 2002.
It also provides the financial life-support that can enable them to govern without implementing necessary political and economic liberalization.
ChinaScope Financial's Mr. Zhu said Beijing will also push ahead with further deregulation and liberalization in the railway industry so as to attract more private capital to invest in the sector.
And, to add another contradictory layer: Financial markets continued to greet the results positively through Friday, as if a solid base for further liberalization was established.
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