Malaysia's Timber Giant and the US Sub-Prime Crash
Samling Global Ltd., the giant logging company controlled by the timber tycoon Yaw Teck Seng and favored with numerous timber licenses by Sarawak's Chief Minister, Abdul Taib Mahmud, played an extraordinary and unlikely role in the US housing bubble and crash, according to research by the Sarawak Report, an NGO based in East Malaysia.
The biggest of Saml…
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