I think the comments you made to her are typical of someone who doesn’t truly understand the economics of banking. If we learned one thing from the 1998 Asian crisis, it is the fact that the banking industry is very sensitive of negative sentiment. The closing of a bank (especially one that is closely linked to many other banks in the country) would send unwanted and unnecessary bad press to Indonesia, re-running the most devastating crisis we’ve had to go through a decade ago.

There are numerous books that can give you the information needed to understand the theories behind Sri Mulyani’s action. Perhaps it is a good thing to get a hold on these books before we comment knowledge-less-ly on this matter.

The decision upon taking such policy is in disregard of how the owners of the bank misuses the money. However bad the governance of this bank has no correlation with the policy that is taken, and represents another case that we should be aware of. However, the irresponsibility of the owners should not be used against Sri Mulyani and the fact that she has been able to deter a possible crisis and that we are able to live safely today.

but if you search more the reason why did sri mulyani give insentive for century is to save another tiny bank that will collapse if century collapse.
it is called systemic crisis..( like in 1998 crisis)
and that money is to guarantee the depositor money that less than Rp.2M (LPS Policy) not for big depositor….

and did you know that the insentive (about Rp.2.776 T) to save century was in november 2008??
and did you know that in that time global economic was in great depression??
could you imagine if this bank is collapse what will happened in indonesia..
many investor will “panic” and in “rush” to take their money from many bank in indonesia (like in 1998)..

and Thanks God our economy is still good until now…(better than malaysia and thailand in 09)

for the robbery, robert tantular was in court at that time (nov.08)..

source :
http://bisniskeuangan.kompas.com/read/xml/2009/09/09/18271175/menkeu.penyelamatan.century.bukan.bantu.deposan.kakap

http://bisniskeuangan.kompas.com/read/xml/2009/09/09/07554790/century.tidak.disuntik.negara.bakal.rugi.rp.30.t

http://sigitarinto.com/2009/02/22/2009-indonesia-economic-growth-is-higher-than-other-sea-countries/

http://www.republika.co.id/berita/73881/Robert_Tantular_Divonis_Pekan_Depan

in nov. 08 :
http://www.hukumonline.com/detail.asp?id=20593&cl=Berita

http://www.hukumonline.com/detail.asp?id=20546&cl=Berita

ps : dont judge before you really know it…..

and sri mulyani is still the best…. hehe…

be positive…. because this is a goodnewsfrom indonesia…

cheersssss