Word: korean
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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...
...Star's moves aren't helping either company's regulatory woes, as the national Supreme Prosecutors' Office has said the donations won't influence the outcome of its investigations. "The government does not like the timing of the offers," notes Seoul-based business consultant Hank Morris. Maybe the next Korean company to come under fire won't be so quick to open its checkbook...
...move at events like these, Bush and Hu decided to sit next to each other at lunch, instead of a few seats apart, so they could continue working. Over wild-caught Alaskan halibut with mushroom essence they continued their discussions on everything from trade and human rights to North Korean and Iranian nuclear ambitions. No big progress on any of those fronts. Still, the two pledged closer cooperation and the atmospherics were cordial, if not friendly. The two men had met five times previously and have a good working relationship, and Administration officials portrayed the improvement in relations between...
...Charlesview, the apartments are “the perfect model for affordable housing networks.”At a meeting of the Tenant’s Association in March, evaluations of the land swap were passed out in five languages. A mix of white and black, Hispanic, Korean and Chinese, the residents represent a broad swath of the American working class.“It’s pretty diverse,” Harper says. “There’s pretty much every race I can think of.”But in interviews, tenants repeatedly praise...
...fired for insubordination would have been very much on the minds of the generals in Vietnam. And in MacArthur's case, it was - according to Truman - a clear violation of civilian control of the military. At a time when Truman was drafting the possibility of a settlement in the Korean conflict, MacArthur comes out saying that this war must essentially be won by arms...