That leaves Indonesia " on the horns of a dilemma, between the impact of a depreciating currency or alternately supporting that with high interest rates-- for the corporates out there its really a choice between arsenic and strychnine, " said Andrew Leeming, Peregrine's director of Asian banking research.
22.
But Ravitch's professed calm does not surprise those who came to know him in his previous endeavors and who swear by him as a pragmatic, but caring, public servant, a wily and successful businessman and, most important, someone at ease even when on the horns of a dilemma.