International bank HSBC once more expressed its political support for mega thief Najib Razak, immediately after a similar puff yesterday. This time the bank expressed doubts about progress with major infrastructure projects, including the East Coast Railway, should BN lose the May 9th election.
Fools rush in where angels fear to tread but not many of us would describe HSBC as a bunch of fools. Perhaps some individual employee or employees have allowed common sense to be driven out of their heads by who knows what consideration, material or otherwise.
Speculation about the motives behind this open electoral support of BN by HSBC can range from stupidity, through deliberate policy all the way to Malaysian economic suicide. For such an allegedly smart institution the current conduct seems inexplicable.