Monday, May 3, 2010

Truth or fiction?

I had not thought about Korea too much in the last 6 months, but it was fascinating to read about this most recent article (written by a NYTimes reporter):

Life has been a roller coaster for Kim Yong-chul since he began talking about Samsung Electronics two and a half years ago. He has been celebrated by some as a whistle-blower, but in a culture that emphasizes workers’ loyalty to their employers, he has also been vilified as a traitor driven by personal grudges.

That was before Mr. Kim’s 474-page exposé, “Think Samsung,” hit stores in February.

The book makes sensational allegations of extensive corruption by Lee Kun-hee, the richest man in South Korea and the chairman of Samsung Electronics, the world’s largest technology company by revenue.

I won't post the whole article, but I do have a favorite quote: "We are seething with anger, but we are not going to sue him and make him a star again," said Kim Jun-shik, Samsung's senior vice president for corporate communications. "When you see a pile of excrement, you avoid it not because you fear it but because it's dirty."

An interesting set of issues. I still get a kick out of the president pardoning him. The president who came from the conglomerate world himself, and who had pardoned his former boss for embezzlement. That said, not that I am too proud of some of our American presidents...What can you do?