Visitors to the presidential palace in Jakarta typically arrive by limousine, but not J. Andrew Spindler and John L. Douglas.

Their taxi driver afraid to get any closer, the two former bank regulators piled out into the muggy heat and walked to their meeting with Indonesian President B.J. Habibie.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.