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S. Korea: Lonely suicide of the lovelorn millionairess(Samsung's heiress hanged herself)
The Times ^ | 11/29/05 | Andrew Salmon and James Bone

Posted on 11/29/2005 2:38:24 PM PST by TigerLikesRooster

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Samsung group's business is doing well this year. However, that hardly makes its owner happy these days, as you can gleaned from the article above. Business could be the least of his worries. As a head of multi-billion dollar corporation, that is a really peculiar situation to be in.

The following is some background information, some of which is also covered in the article above. This is from my comment from a related previous thread.

The founding family of Samsung is in a real mess, some of which is its own creation. They once made bet for a conservative presidential candidate. After Roh Moo-hyun took over, the new government doggedly go after "irregular" transactions which allowed Lee Keun-hee's son to eventually take over the control of Samsung group. After 2 years of sparring, the government and Samsung group suddenly made up their difference. The government relented their pressure, and appointed Lee's brother-in-law Hong Suk-hyun as an Korean ambassador to U.S., who is to work as Roh's front man in D.C.. About a year before, JoongAng Ilbo, erstwhile conservative daily, suddenly changed its tone and declared that it would take a "moderate" line. Mr. Hong is the owner of JoongAng Daily.

The government tried to use Samsung's connection and money to shore up its viability, and Samsung wanted the repreieve from government attack on group's founding family. The government may have also wanted Samsung to spearhead N. Korean venture, which is one of the centerpiece to the current government. If that was the case, Samsung did not really bite.

After about 9 months, government's honeymoon with Samsung is abruptly over. Now that growing wiretapping scandal implicates Mr. Hong as a principal bagman and the government effort to paint itself as pragmatic moderate is paying no dividend, it went back to its anti-big business leftist root. The government is demanding Mr. Lee Keun-hee to testify in person.

What the government is doing is not just to go after Samsung. It simultaneously going after the former president Kim Dae-jung under whose tenure much of rampant wiretapping had occurred. Apparently, Roh want to completely control Kim Dae-jung and Kim's loyal support base by turning heat on Kim.

Any way, there is a financial legislation quite unfavorable to Samsung pending in S. Korean legislature, illegal political donation scandal, and latent anxiety of hostile take-over by foreign entities. And now this tragic family event. This must be the worst year for Samsung's owner.

1 posted on 11/29/2005 2:38:28 PM PST by TigerLikesRooster
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To: TigerLikesRooster; AmericanInTokyo; OahuBreeze; yonif; risk; Steel Wolf; nuconvert; MizSterious; ...

Ping!


2 posted on 11/29/2005 2:39:02 PM PST by TigerLikesRooster
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To: TigerLikesRooster

Photos?


3 posted on 11/29/2005 2:40:47 PM PST by InsureAmerica (Evil? I have many words for it. We are as dust, to them. - v v putin)
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To: TigerLikesRooster
A pretty sad story. I wonder how much of her isolation was self-inflicted?

Me, I'm an old guy who's learned how to be a hermit, and like it.

4 posted on 11/29/2005 2:43:06 PM PST by Cyber Liberty (© 2005, Ravin' Lunatic since 4/98)
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To: InsureAmerica

Lee Yoon-hyung

5 posted on 11/29/2005 2:43:40 PM PST by savedbygrace
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To: InsureAmerica

Of a dead lady?


6 posted on 11/29/2005 2:43:41 PM PST by Cyber Liberty (© 2005, Ravin' Lunatic since 4/98)
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To: TigerLikesRooster
Lee Yoon Hyung . . .

I'll say she did.

(Sorry -- couldn't help posting a tasteless comment.)

7 posted on 11/29/2005 2:44:51 PM PST by Alberta's Child (What it all boils down to is that no one's really got it figured out just yet.)
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To: TigerLikesRooster

This must be the ultimate 'poor little rich girl' tale.


8 posted on 11/29/2005 2:44:53 PM PST by JAWs
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To: InsureAmerica

Photo's of what?


9 posted on 11/29/2005 2:45:01 PM PST by Dog
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To: Cyber Liberty
Of a dead lady?

Exactly....a pretty strange request....glad someone else noticed it.

10 posted on 11/29/2005 2:46:08 PM PST by Dog
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To: InsureAmerica

There's a picture on this website: http://www.gothamist.com/archives/2005/11/26/the_curious_dea.php
I don't know how to append it to Freerepublic.com


11 posted on 11/29/2005 2:47:10 PM PST by winner3000
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To: InsureAmerica

There someone posted her photo...did it satisfy you.


12 posted on 11/29/2005 2:47:11 PM PST by Dog
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To: savedbygrace

She must have had mental problems...young, pretty, loaded with $$$ and she was lonely?


13 posted on 11/29/2005 2:47:39 PM PST by travlnmn41
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To: Dog

not nearly as much as the miscellaneous comments.


14 posted on 11/29/2005 2:48:18 PM PST by InsureAmerica (Evil? I have many words for it. We are as dust, to them. - v v putin)
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To: TigerLikesRooster

Tragic. I suppose money really can't buy happiness. Not a lot of good news for a father in a hospital bed.


15 posted on 11/29/2005 2:49:54 PM PST by HarmlessLovableFuzzball
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To: Dog

Come on. You know as well as anybody that nobody wants pictures of a dead woman. Pictures of the living person prior to death may be helpful if the name is unrecognizable.


16 posted on 11/29/2005 2:50:53 PM PST by RGSpincich
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To: savedbygrace
Ahhh... quite pretty... rich... with several degrees... it shows every person has his/her own personal struggles.
17 posted on 11/29/2005 2:52:06 PM PST by paudio (Four More Years..... Let's Use Them Wisely...)
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To: TigerLikesRooster

Holy cow. The rich are crazy.


18 posted on 11/29/2005 2:54:24 PM PST by prion (Yes, as a matter of fact, I AM the spelling police)
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To: RGSpincich
You know as well as anybody that nobody wants pictures of a dead woman

OK if you say so......thanks for setting me straight.

/sarcasm.

19 posted on 11/29/2005 2:55:18 PM PST by Dog
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To: TigerLikesRooster; jan in Colorado
Friends said she had become lonely and depressed since moving to New York, after a plan to marry a Korean boyfriend was opposed by her parents.

Those dang Asian cultures, so fixated on suicide.

She should have assimilated. Here in America, we just shoot the parents who oppose it.

20 posted on 11/29/2005 2:56:12 PM PST by Gondring (I'll give up my right to die when hell freezes over my dead body!)
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