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29888557 Bank of Indonesia Crisis Handling 1

29888557 Bank of Indonesia Crisis Handling 1

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Published by: bwids on May 29, 2010
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10/11/2012

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 CRISIS HANDLING
BANK OF INDONESIA
“ 
6.7 Trillion Bail-Out:
 
 the Demonstration, Media and Public’ Point of View, House of Representative, and Splitting from the Political Issue” 
 
TABLE OF CONTENT
CHAPTER I : PROBLEM CLARIFICATION
I.1 Introduction and BackgroundI.2 Defining the Problem
CHAPTER II : OBJECTION OF THE STUDY
II.1 Scope of the StudyII.2 Purpose of the StudyII.3 Benefits of the Study
CHAPTER III : ORGANIZATION CRISIS
III.1 The Impact for the OrganizationIII.2 How the Organization HandlingIII.3 Conclusion
CHAPTER IV : THE RECOMMENDATIONSREFERENCES : - Summary of the Articles- Media Clippings- Bibliography
 
CHAPTER IPROBLEM CLARIFICATION
I.1 Introduction and Background
Every country must have the central bank. The central banks have a task tostabilize the economy of its country. Nowadays, Indonesia has a problem in terms of the central bank. The central banks – which named as Bank of Indonesia – trapped ina matter within their effort to save Indonesian Economics in the Global Crisis.There is a little bank named Bank Century. This bank owned by anentrepreneur Robert Tantular. Bank Century – now named Bank Mutiara (Mutiara inEnglish is Pearls). Bank Century bankrupted in the wrong era, in the same time withthe Global Crisis. The simple story is, the Indonesian Economics experts agree that if Bank Century closed in that time, people will scare about their money and take theirmoney that save in the little bank – the bank which the condition same like Bank Century. If this happen, there will be about three bank could close. And if those threebanks closed, people who save their money in the big banks also scared about theymoney and they take their money. It would become a rush and Indonesian Economicwould suffer because of the snowball effect from the little bank. However, theamount of money to recover Bank Century was changed every day. The last amountto save Bank Century was 6,7trillion Rupiahs.Actually, there were no matter until Sri Mulyani found that Aburizal Bakrie –Minister Coordinator of of who also big entrepreneur in Indonesia – has not pay thetaxes in a big amount. Then Bakrie get anger and alleged Sri Mulyani did not clearand transparent when she handles Bank Century (source: TEMPO magazine). Bakrie,who also become the Chairman of Golkar Party make statement that House of representative must detect the flow funding Bank Century’s funding. Then thecommittee for detecting the fund of Bank Century is formed. The member is themember of House of Representative.

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