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Once a laughingstock for its poorly made cars, Hyundai Motors has in recent years boosted quality and won fans in key markets such as the U.S. and China. But the fast-growing South Korean automaker-the world's seventh-largest when combined with its affiliate Kia Motors-was blindsided last week from an unexpected quarter: its 68-year-old chairman, Chung Mong Koo, was arrested on charges of embezzling $100 million and breach of trust relating to $300 million in company losses...

Author: /time Magazine | Title: Cracking Down on Korea's Chaebol | 5/1/2006 | See Source »

...targeted by government prosecutors over allegations of self-dealing and influence peddling. Chung has admitted no wrongdoing, but his arrest looks likely to knock Hyundai's international expansion plans off course. The investigation into Hyundai has already delayed the construction of an auto plant in the Czech Republic, and Kia postponed the groundbreaking for a factory...

Author: /time Magazine | Title: Cracking Down on Korea's Chaebol | 5/1/2006 | See Source »

Facing questions from Korean regulators over your company's business practices? Just open your heart-and your wallet. That seemed to be the message last Wednesday as the Hyundai-Kia Automotive Group, under investigation for allegedly creating a slush fund to influence government officials, apologized to the public for "causing the nation much anxiety" and pledged a whopping $1 billion in donations to unspecified charities. The same day, U.S. private-equity firm Lone Star Funds, facing an inquiry into its purchase of a local bank in 2003 and smarting from allegations that its former top Korea executive had embezzled millions...

Author: /time Magazine | Title: Checkbook Apologies | 4/23/2006 | See Source »

...indecipherable pantomime, “Reclaiming Cunt”—what should be the climax of the night—falls short in its execution. The word “cunt” slowly pours out of White, but her passion fails to reach the audience; Kia D. Alexander ’08, Sachi A. Ezura ’08, and Lina Tetelbaum ’07 are left jumping and shouting “cunt” alone. Likewise, the finale, “I Was There in the Room,” a piece on childbirth...

Author: By Melanie A Tortoroli, CONTRIBUTING WRITER | Title: Laughter, Tears Erupt From ‘Vagina’ | 2/27/2006 | See Source »

...past and present, “The Colored Museum” also demonstrated the future promise of its participants. First-time producers Faith O. Imafidon ’07 and Nicklette N. Izuegbu ’08 combined their talents well under the leadership of more experienced director Kia D. Alexander ’08. What’s more, many of the play’s actors and actresses are not only new to theater, they played more than one role—a technique that demonstrated their refreshing originality and versatility...

Author: By Mary A. Brazelton, CRIMSON STAFF WRITER | Title: Black Experience Truths Edify | 11/7/2005 | See Source »

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