Seoul Metropolitan Police Agency has booked eight executives and employees of Jeil Savings Bank (without detention) for engaging in illegal acts of corporate social responsibility (CSR); the subsidisation of the peccadilloes of the salarymen of Gangnam.

Jeil bankers extended loans totalling 154.6 billion won ($133.9 million) to 73 “corporate salon rooms” and hostess bars in Gangnam Seoul between March 2009 and January 2011, using faked documents.

Jeil bankers also skipped credit checks on the bars when handling the loan applications.

Out of the 154.6 billion won in loans extended in this fashion, only 32.5 billion won have been repaid.

Jeil is also accused of illegal lending, totalling 22.4 billion won, to gang members who run CSR programs in the area.

Yonhap News via The Korea Herald, 2011-09-30

Reminiscent of the Korea Exchange Bank banker caught hobnobbing with hookers in Thailand running up a tab of AUD 7 million.

Korean banker ‘stole $7m for sex with prostitutes’

Posted by Errol, filed under Economics. Date: September 30, 2011, 8:34 pm | No Comments »

According to the World Health Organisation, the concentration of airborne dust particles in Seoul, Busan and other major Korean cities is 50-99 ㎍ per cubic meter on annual average, far exceeding the recommended limit of 20 ㎍.

The Chosun Ilbo, September 28, 2011

The Korean Tourism Organization must have breathed sighs of relief when Incheon International airport was completed, no more gasps of shock from Gimpo-bound international tourists when they started the descent into the brown-green lake of Seoul’s air pollution.

Gimpo

In descending order:

Anyang 68
Busan 68
Bucheon 64
Daegu 64
Seongnam 64
Seoul 64
Suwon 62
Incheon 54
Ulsan 53
Gwangju 52
Daejeon 49

WHO Database: outdoor air pollution in cities

Paris 38
London 29
Los Angeles 25
Tokyo 23

Posted by Errol, filed under Science. Date: September 27, 2011, 8:58 pm | No Comments »

“I meet over 1,000 married couples a year, and 70 to 80 percent are sexless marriages. That means at least one person in each couple is having an affair. No other issue in this country is more serious.” Kim Young-hee, head of the Family Mediation Committee at Seoul Family Court.

“When women have affairs it is far more lethal to the marriage. While 90 percent of husbands who have had affairs eventually return to the family, less than 10 percent of unfaithful wives do,” Kim said. “I think this is because men have affairs for pleasure, but women to be loved.”

That comment by Kim Young-hee implies that the women didn’t marry for love.

The Chosun Ilbo, Dec. 10, 2009

That hypothesis matches the survey done by Matchmaking company Baroyeon that found that; “Among men, 71.6 percent said they would commit to a relationship, whereas 77.6 percent of women said they would test the waters first and meet other people before making their mind up.”

The Joseon Ilbo, Sep. 22, 2011

Then what are we to make of this research?

Married couples where the wife has stronger decision-making power tend to have less sex than those where the relationship is the other way round, according to a study led by Michelle Hindin at the Bloomberg School’s Department of Population, Family and Reproductive Health at Johns Hopkins University.

The Chosun Ilbo, Sep. 23, 2011

Among all (Korean) couples who (married in 2010), 14.9 percent involved a younger man and an older woman, accounting for 1 in 6 couples.

The Chosun Ilbo, Apr. 21, 2011

Who has the power in a Korean marriage? The seonbae or the hubae? Perhaps they married a young, cute man for love. Or perhaps they married a young, rich man because there is a shortage of women, and even the dreaded Korean mother-in-law must accept that an “old miss” is better than a “no miss” … if she wants to see little Sonja.

Posted by Errol, filed under K-girls, Science. Date: September 25, 2011, 6:04 am | No Comments »

Chung raised eyebrows of all with an extremely rude manner of speech toward Foreign Minister Kim Sung-hwan.

Rep. Chung kept talking down to Kim, saying, “Does it suit common sense? What kind of quibble is that?” in ways some masters wouldn’t even speak to their servants.

Servants? Koreans still have servants? Wasn’t slavery abolished in 1910?

Gaffe from arrogance

The Korea Times, 09-21-2011

Posted by Errol, filed under diplomacy, Language, Politics. Date: September 22, 2011, 9:29 pm | No Comments »

“Massive aid of food or daily necessities from outside would only revive the dying planned economy and rationing system, while increasing the regime’s ability to control the market,” a senior South Korean government official said.

“We need to be prudent in giving lavish aid, which could just be used by the regime to oppress people.”

According to the Joseon Ilbo (September 21, 2011) “the rationing system, the backbone of the socialist planned economy, has nearly collapsed. Some 4 million people still live on rations — 2.6 million in Pyongyang and 1.2 million soldiers.”

But a senior South Korean government official said 20 million North Koreans rely absolutely on the underground economy.

This will probably give a boost to Park Geun-hye’s presidential ambition. There is a symmetry in the daughter of Yuk Young-soo knocking off the son of Kim Il-sung.

Posted by Errol, filed under Battle Report, Economics. Date: September 20, 2011, 11:30 pm | No Comments »

“Unlike normal communication tapping methods, packet tapping is a technology that allows a real-time view of all content coming and going via the Internet. It opens all packets of a designated user that are transmitted via the Internet.”

“The NIS itself disclosed that Gmail tapping was taking place in the process of responding to a constitutional appeal filed by 52-year-old former teacher Kim Hyeong-geun, who was the object of packet tapping, in March (2011).”

The Hankyoreh, Sep.16,2011

Posted by Errol, filed under Law, Technology. Date: September 16, 2011, 9:01 am | No Comments »

Kolon “Looses” $920 Million Verdict to DuPont in Trial Over Kevlar?

Kolon is not a Korean laxative company but a chemical company found guilty by a jury “in federal court in Richmond, Virginia, (which) deliberated about 10 hours over two days before finding Gyeonggi, South Korea-based Kolon and its U.S. unit wrongfully obtained DuPont’s proprietary information about Kevlar by hiring some of the company’s former engineers and marketers.”

Bloomberg, September 15, 2011

Posted by Errol, filed under Economics, Law, Technology. Date: September 16, 2011, 7:58 am | No Comments »

Meanwhile, the total number of young criminals, which includes minor offenders as well as felons, reached 94,862 for 2010.

How many were convicted? What was their punishment? A squiz at naver.com failed to provide any useful information. Yonhap News just provides basic statistics of the numbers and types of crimes. Then does some fancy mathematics (subtraction, division and multiplication) to provide percentages. There is no data on actual ages. e.g. The age of the youngest rapist.

Violent crimes by youth jump almost 50% over 2 years

The Korea Herald, 2011-09-14

Yonhap’s original Korean article

“청소년 강력범 2년새 48%↑…재범 36%”(종합)

Yonhap News 2011-09-14

The figure of 94,862 teenage criminals is double the number of “foreigners” in Seoul “Special” City that do not hold Chinese, US or Taiwanese passports. As seen in the previous post.

How many “adult” Korean criminals are there? That depends on how “criminality” is counted. Persons who commit crimes, persons accused of crimes, persons charged with crimes or persons convicted of crimes.

The spike in teenage rapes may not reflect an increase in the number of teenagers committing the crime of rape but a higher reporting rate; after the Korean National Police had begun to eliminate incidents of male chauvinism in its ranks, against teenage victims of rape in 2008.

Court orders state to pay for ID leak of rape victims

Korea Joongang Daily, June 17, 2008

The victims criticized the police for insulting them during the investigation.

“You have ruined the reputation of Milyang,” one of the police officers stationed at the Ulsan Southern District Police Precinct allegedly told the victims.

Police also leaked documents to the media that contained enough information to identify the victims. The victims and their mother sought 110 million won ($105,942) in damages for “extreme emotional suffering.”

Although they could have viewed the 41 suspects through a one-way mirror, police forced the victims to directly face the suspects in a line-up.

“By making the victims identify their attackers in an open area, the police failed to protect the rights of the victims and caused them to suffer humiliation,” the Supreme Court said yesterday in the ruling. “Such an act can never be justified even with the stated claim by the police that they did so to expedite the probe.”

Posted by Errol, filed under Crime. Date: September 14, 2011, 9:05 am | No Comments »

Out of a total population of 10.29 million residents, 281,780 “foreigners” reside in Seoul “Special City.”

Of those 281,780 foreigners:

(1) 186,631 people, or 66 percent, were (Chinese passport holders) of Korean ethnicity.

(2) Holders of Chinese passports (of non-Korean ethnicity) represented the second biggest foreign population in Seoul with 29,901 residents

(3) Next were US passport holders* with 9,999 residents**

(4) In 4th place were Taiwanese passport holders with 8,717 residents

Korean Chinese account for nearly 70% of “foreigners” in Seoul

The Korea Times, The Day Before Chuseok 2011.

* How many are kyopi?

** Does Robert Harley (sic) now reside in Seoul? How was he counted, categorised, classified, stereotyped?

Deck the Halls

The Chosun Ilbo, 25 February, 2011

Posted by Errol, filed under diplomacy, Friends. Date: September 11, 2011, 7:26 am | No Comments »

08  Sep
Hankukinron

The tendency to enjoy a spicy, fermented dish like kimchi is built into Koreans’ DNA, so said a recent study in Korea that took advantage of biotechnology and information technology.

Why foreigners will never be Korean,

Joongang Ilbo Sept 09,2011

Posted by Errol, filed under Science. Date: September 8, 2011, 4:44 pm | No Comments »

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