Scavengers and scratchers of value
As head of Dong Ah Securities until early this year Kim Young-chong earned something of a reputation as a soothsayer, issuing blunt early warnings about the cataclysm that was to hit Korea in late 1997.
The reward for his prescience was a dubious one. He was promoted to executive vice-president, international project development, at Dong Ah Construction Industrial Co, flagship of one the most troubled large chaebols (conglomerates). Dong Ah presently survives only by grace of the W1 trillion...
