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The Investment Banks Turn on Korea
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The Investment Banks Turn on Korea

Our Correspondent
Sep 03, 2008
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The Investment Banks Turn on Korea
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Even by the standards of foreign exchange currency speculators who call themselves investment bankers and asset managers, the collapse of the Korean won has been quite extraordinary.

The youthful gamblers (with other peoples’ money) from countries with crumbling banks, falling domestic demand, asset price collapses and current account deficits that amoun…

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