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Op-Ed Contributors: Off With the Bankers
The Asian financial crisis offers lessons to solving our own — when insiders have broken a financial institution, the most direct remedy is to kick them out. >
Invest in South Korea EWY
Invest in South Korea EWY
bukisa.com — South Korea is the 15th largest economy in the world. Considering its minuscule geographic size this is... a staggering statistic. Its economic world ranking is a testament to the industriousness of the Republic of South Korea and its people. Here’s how ... (more) Invest in South Korea EWY
Op-Ed Contributors: Rated F for Failure
nytimes.com — Why, more than a year into the global financial crisis, do regulators and investors continue to rely... on ratings? No one has been more wrong than Moody’s and S.&P.; > (more) Op-Ed Contributors: Rated F for Failure
Japan counting on Darvish against South Korea
search.japantimes.co.jp — SAN DIEGO — Japan and South Korea have seen a lot of each other in the World... Baseball Classic. Enough that Ichiro Suzuki thinks it might be their fate to play each other over and over again. "I guess we should get married then," Ichiro joked during Monday's practice at PETCO Park when informed ... (more) Japan counting on Darvish against South Korea
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links for 2009-03-20
Economist's ViewOff With the Bankers - NYTimes.com Cognitive decline begins in late 20s, study suggests - EurekAlert Lessons of AIG - Douglas Holtz-Eakin Re-Examining Capitalism - Galbraith AIG Still Isn't Too Big to Fail - WSJ.com Modest Start to Fed Plan to Revive the Securities Market - NYTimes.com The human brain is on the edge of chaos - EurekAlert Bizarre Giant-Headed Predator Found - National Geographic Wall ...

"Kick Them Out"
Economist's View — ... Off With the Bankers, by Simon Johnson and James Kwak, Commentary, NY Times: A.I.G. can hardly claim that its generous bonuses attract the best and the brightest. So instead, it defends the payments by arguing they’re needed to retain employees who are crucial for winding down transactions that are “difficult to understand and manage.” ... There is no reason to believe this. ...

Why Bail Out AIG’s Creditors?
The Baseline Scenario — ... Simon and I wrote on op-ed in the New York Times today, trying to debunk the idea that, as we put it, “A.I.G.’s traders are the people that we must depend on to save the United States economy.” The AIG bonus fiasco, as I’ve written ...

Economics, Politics, Outrage, and the Media
The Baseline Scenario — ... Andrzej Kuhl, a former colleague of mine, put it well in an email to me after reading our New York Times op-ed: ...

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koreaherald.co.kr 6/3/2009 — The Korea-ASEAN Special Summit, which opens in Jeju today is highly significant for upgrading Korea's economic and diplomatic ties with ASEAN and promote regional economic cooperation in the midst of the ongoing global economic crisis. The event is ...
North Korea Threatens Passenger Flights
cbsnews.com 3/5/2009 — North Korea has threatened South Korean civilian planes flying near its airspace amid heightened tensions on the divided peninsula.
North Korea v South Korea: A merry dance
economist.com 5/21/2009 — Ever more isolated, North Korea’s Kim Jong Il still calls the tune PRICKLY and isolated, North Korea has few enough connections to the outside world. So why keep snapping them, one by one? On May 15th, it announced that it was unilaterally tearing up wage and other agreements governing the Kaesong industrial zone, a joint North-South business project just inside North Korea. South Koreans, it says, can either lump it or leave. The 100 or so South Korean firms that employ 38,000 North Koreans ...
Secretary Clinton's No. 1 mission is to reassure allies
search.japantimes.co.jp 2/11/2009 — HONOLULU — We welcome the news that Hillary Clinton's first overseas trip as U.S. secretary of state will be to Japan, Korea, Indonesia and China. While her visit to Beijing will likely garner the lion's share of attention and her visit to Indonesia will generate the most speculation (can a ...
Exports Plunge In China, Japan, South Korea
globaleconomicanalysis.blogspot.com 2/2/2009 — Global contractions are very rare. However, it's increasingly clear we are going to have one. Consumer spending continues to weaken worldwide, and as goes consumer spending, so goes exports from the goods producing nations, especially those in Asia. ...
Launch plan sets off surveillance frenzy
search.japantimes.co.jp 4/2/2009 — As tension mounts ahead of North Korea's plan to launch a rocket over this country, Japan, the United States and South Korea are deploying several high-tech surveillance ships to monitor what the three allies suspect will actually be a ballistic missile test. Experts say Pyongyang's launch ...
South Korea: Class Rep. Named in First-Ever Class Action
securitiesdocket.com 6/25/2009 — In South Korea, the nation’s first-ever class action lawsuit is moving forward. Although the law enabling class action lawsuits took effect in January 2005, no such case had been filed until Seoul Invest did so in April 2009. On Wednesday, the Suwon District Court appointed Seoul ...
N. Korea Silent Over Fate Of Journalists
cbsnews.com 6/6/2009 — North Korea announced that two U.S. journalists, Laura Ling and Euna Lee, were about to go on trial - then came the mysterious silence.
Report: NKorea May Fire Missile Toward Hawaii
cbsnews.com 6/19/2009 — Report: North Korea May Fire Missile Toward Hawaii In Early July
United front against North Korea
search.japantimes.co.jp 6/30/2009 — Prime Minister Taro Aso and South Korean President Lee Myung Bak agreed in their Sunday meeting in Tokyo that North Korea's nuclear and missile development programs pose a grave threat, and that Japan, South Korea and the United States must closely cooperate to counter it. The two leaders also ...