Word: hee
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...American standards. For the most part, analysts view the firm as a world-class business. Among foreign investors--who own more than 50% of Samsung Electronics' shares--there is some concern that management is still subject to the whims of the Samsung Group's Lee family. Chairman Lee Kun Hee, the founder's son, wields outsize personal influence throughout the Samsung empire. One fear is that Samsung Electronics' profits could be siphoned off to bolster the fortunes of, say, Samsung Life Insurance, one of 24 other companies under the Samsung umbrella. That might not be illegal, but it certainly would...
...American standards. For the most part, analysts view the firm as a world-class business. Among foreign investors - who own more than 50% of Samsung Electronics' shares - there is some concern that management is still subject to the whims of the Samsung Group's Lee family. Chairman Lee Kun Hee, the founder's son, wields outsize personal influence throughout the Samsung empire. One fear is that Samsung Electronics' profits could be siphoned off to bolster the fortunes of, say, Samsung Life Insurance, one of 24 other companies under the Samsung umbrella. That might not be illegal, but it certainly would...
...Koreans also used to pay for everything in cash. But with credit cards readily available and tax breaks for using them, shoppers are pulling out the plastic. Says Seo Eun Hee, an office assistant at Seoul National University: "It's easy and fun. I spend more than I used to?before I couldn't go into a department store and buy whatever I liked." Last year, $235 billion worth of merchandise was purchased on credit, up from less than $50 billion in 1998. Koreans are stretching their purchasing power in other ways. The government used to shoo banks away from...
Meet Choi Ju Hee, savior of the South Korean economy. Armed with two credit cards and an allowance from her parents, she spends at least $600 a month on clothes, drinking with friends and a serious cell-phone habit (her father once cut off her home phone for a month to teach her a lesson on the cost of things). Her most prized possession: a pair of Salvatore Ferragamo loafers. What she badly wants: a pair of Prada sneakers. On a recent shopping expedition, she eyes a white cotton DKNY skirt. Her mother steps in, telling...
...body as hard as his mind as a rower for the varsity heavyweight crew team. He is also a semi-accomplished thespian. For the past two years, Farrell has acted in the Sunken Garden Children’s Theater, a student-written and student-run production geared toward children. Hee also writes for the Harvard Current, works on the Junior Parents’ Weekend Committee and is involved with both the Institute of Politics and the community service group BASIC. And he is co-chair of the Mather House Council...