Word: parkes
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Dates: during 2000-2009
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...million immigrants seeking a better life in the U.S., most of them Chinese, were processed on Angel Island, a tiny dot of land in the San Francisco Bay, roughly 45 minutes from San Francisco. In 1970, the Angel Island Immigration Station was scheduled for demolition, but a California state park ranger named Alexander Weiss made a remarkable discovery: hand-carved fragments of Chinese poetry hiding under layers of graffiti and plaster in the walls of the derelict barracks. This find stopped the wrecking ball and began a decades-long campaign to turn the site into a museum memorializing...
South Korea might be one of the most wired places in the world, but it's not necessarily the most Internet friendly. Park Dae Sung, 31, an unemployed blogger now finds himself in hot water for allegedly being "Minerva," a web guru who posted his thoughts on the state of the economy and the government's economic policies. Those thoughts generated huge attention in Korea, particularly following Minerva's prediction that Lehman Brothers would fail. Those musings, however, have not sat well with Seoul. Now Park has been taken into custody by the government and, according to his lawyer, faces...
...Park was arrested on Jan. 10 for a Dec. 29 posting in which he accused bureaucrats of ordering banks to stop buying dollars while the won was falling during last December's global economic crisis. The official news agency Yonhap reported that Park was also arrested for a July 2008 posting that said the Finance Ministry had suspended all foreign currency exchanges. Park's lawyer, Park Chan Jong, says prosecutors are alleging that the posting destabilized the foreign currency market to such an extent that an additional $2.2 billion injection was needed the next day to calm the market...
...Park's bearish predictions came true, but many resonated enough that the government reportedly started to fear an insider might be unloading. Foreign exchange players scrutinized Minerva's postings as did government officials trying to guess his identity. At times, Minerva characterized himself as a financial superstar and was so persuasive that Koreans were certain they weren't just following any cybergoon. Minerva also had a growing online audience increasingly skeptical of traditional media and gravitating more and more to the web for scholarship and opinions, especially dissenting viewpoints...
...this is remarkable if the allegations against Park Dae Sung are correct. According to his lawyer, Park taught himself economics, reading books on the subject since 1997. Indeed, there are some skeptics. The conservative monthly ShinDongA claims that Park may not be the real Minerva at all and that a group of eight other bloggers have professed to writing under the alias. Park's lawyer says the magazine's allegation is "nonsense...