THE Securities Exchange Commission (SEC) yesterday filed criminal charges with the police accusing big-time stock trader Song
Wacharasriroj and ten of his business pa9:7Y..$Ki!IAI%)manipulations.
The move against the businessman, commonly-kk9MM%M=9)(meaning Young Tycoon Song), sent shockwaves through the StkkIxExchange of Thailand as panic-stricken investors rushed to dump
their holdings.
The SET index at one stage plunged more than 50 points in the
afternoon round of trading beforYHZ]H.V+991=MQIM9QU)points less than the previous day.
Prime Minister Chuan Leekpai urge2ZKMQ=IMeMQIe9=QQ=)panic, saying the official action taken RK !)Government's effort to raise the SET to international xfor the sake of public's future interest.