Can This Malaysian Media Mogul Survive In A Sea Of Trouble?

Ananda Krishnan's connections no longer guarantee he will

As he struggles to save his media and telecom businesses from the ravages of the economic crisis, Malaysian tycoon Ananda Krishnan likes to reflect upon lessons he learned during his student days in Australia. He doesn't mean the wisdom of his professors at the University of Melbourne, but things he picked up at the beach where he surfed. "Out in the sea, you have to keep treading water until you catch a wave," says Krishnan, 60, who also holds an MBA from Harvard business school. "You have to make sure you don't end up on the rocks."

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