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Crippling of BCCI: A Study in Finance Capital

Frederick F Clairmonte
Economic and Political Weekly
Vol. 26, No. 35 (August 31, 1991), pp. 2045-2046
Stable URL: http://www.jstor.org/stable/41498623
Page Count: 2
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Abstract

The conflagration within BCCI is not the first and will not be the last in an era of global liberalisation of financial services in which avarice has no bounds. Deregulation of financial services now propounded in GATT by the US and others is fraught with catastrophic consequences, and not only for the third world.

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