Since the Asian crisis of 1997-98, foreign media and research analysts have spilt a great deal of ink on the subject of whether South Korea has shed its bad habits and how genuine its utterances of reform.
Unfortunately, some now believe the government deserves a new check mark beneath the just lip service column. However, since few foreign players are directly involved and since the government entity in question is not internationally rated, this particular fracas has so far occurred behind the scenes of what appears on the surface a dramatic boost for the genuinely changing column the sale of Daewoo Motor to General Motors.
GM has finalized a deal to take...
