Posted on koreainformationsociety.com
Choe, Sang Hun had a very thoughtful column the other day in the New York Times. It dealt with the case of Minerva, the online alias used by Park Dae-sung who attracted a cult-like following over a period of several months last year with his postings about the economy on one of Korea’s popular web portals. Minerva quickly became famous based on predictions like the fall of Lehman Brothers and the collapse of the Korean won. When Mr. Park was arrested last January, it turned out that he was 31 and jobless, had attended a two-year college and had never even invested in the stock market. One of his crimes, according to prosecutors, was to state that the Korean government had barred banks and major companies from buying American dollars in a desperate attempt to check the fall of the won.
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