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Indonesia's Government Saves the Bakrie Empire
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Indonesia's Government Saves the Bakrie Empire

Our Correspondent
Oct 16, 2008
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Indonesia's Government Saves the Bakrie Empire
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As it has in the past, the Indonesia government stepped in Wednesday to stop the unravelling of the empire of the politically powerful Chief Welfare Minister Aburizal Bakrie with a deal to allow government-owned companies to buy shares in Bakrie concerns – and apparently let the Bakries stay in control.

Shares in Bakrie & Brothers and its five subsidiari…

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