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  • Posted By: seouljoe @ 12/02/2007 9:08:17 PM

    Korea is corrupt from top down in all aspects of life. Not only Sam Sung all the corporations that I know ,, from former presidents down to village chiefs ,, police heads down to ward officials who takes favours for leniency tor granting building permits. Managements who takes in cash briberies or sexual favours for contracts. Simply put,,it is our way of life since confuscious was introduced to this penninsula. School teachers are given monthly stipend from parents,, if not kid does not get the exposure of love and attention from elementary school up. Elementary kids when they meet compare the size of their apartment or the area which they live in ,, not the fun stuff kids are supposed to be dreaming of,, they ostracise kids with, who does not meet their economic standard ,, on and on.
    Every corporation that has set up overseas offices since 1970's always double invoiced Korea head office keeping the margin for the benefit of the owners. Dae Woo former chairman Kim, who now is in jail for defraudng some 600 million USD still ownes couple of pent house at the Trump Tower on first Ave. and 45th. He also owns a villa in Nice, France,, where I used run into him at my golf course, while he was a wanted man by the interpol ,, and his two kids live well in New Jersey ,,
    Religious leaders not exampt.. list of their cases goes on for a mile.
    All this corruption cost out GDP by at least 20% or more.
    We need a cultural revolution ,, purge of confuscian doctrine in our blood or enlightening of due process... this is why admire USA,, you had your fill of bad cops,,bad politiicians and rail road barrons and done away with them earlier than most of the developed societies.
    Yun-Soo PARK, Seoul, Korea

  • Posted By: srota7 @ 12/02/2007 12:30:59 AM

    I 'd like to thank Newsweek magazine for reporting Conglomerate Samsung's problems. I'd invested $7000 to Samsung through fund money, but I have withdrawed the amount invested now due to this firm's assumed corruption. Also I moved by whistleblower attorney Kim Yong-chul, which I think make people to expect to develop into one of developed countries. Namho Shin, From South Korea.

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