Korea News Talk#3 August 20, 2011 A collaborative project brought to you by KoreaBusinessCentral.com & Koreabridge.net Participants: Adam Cave, Stafford Lumsden, Charles Ahn, Daniel Lafontaine, & Jeff Lebow Topics: The effect of the U.S. credit downgrade and global economic downturn on Korea, SC First Bank and Hanjin Union issues, HomePlus/Tesco Success, Samsung's pass on Android, & Korea's sodium standing Chat Log & Story Links Below: Story Links Economic Downturnlatimes.com/news/nationworld/world/la-fg-south-korea-economy-20110812,0,4486389.storyonline.wsj.com/article/BT-CO-20110819-706332.html Unions & Doing Business in Koreakoreatimes.co.kr/www/news/biz/2011/07/123_91721.html http://english.yonhapnews.co.kr/news/2011/08/19/0200000000AEN20110819009400320.HTMLkoreabusinesscentral.com/forum/topics/korea-business-central-exclusive-interview-tom-brown-homeplus-tes AssortedHow Samsung Lost the Opportunity to Own Androidhttp://english.chosun.com/site/data/html_dir/2011/08/12/2011081201089.htmlsynapse.koreamed.org/Synapse/Data/PDFData/0161NRP/nrp-3-328.pdfhttp://english.hani.co.kr/arti/english_edition/e_northkorea/492633.html Chat Log [11:46] Steven Bammel: But they were close. [11:46] Steven Bammel: Very close [11:46] Don Southerton: does the book discuss? [11:46] Steven Bammel: The employees dance in the aisles several times per day... [11:47] Steven Bammel: The employees of Homeplus, that is... [11:47] Steven Bammel: Don - Yes, the book does talk about how much JH Park liked Chung Ju Yung. [11:57] Steven Bammel: Can some of our other chat room attendees introduce themselves? [11:57] Steven Bammel: click "Edit nickname" to change your user ID... [12:02] Steven Bammel: Daniel's comment is prophetic... [12:02] Steven Bammel: Wait for the next KBC interview... [12:04] Hyungsik Yoon: What is the topic in this chat room? [12:04] Steven Bammel: Hyungsik - Whatever we want! [12:05] Hyungsik Yoon: Just learned our dear leader Kim Jongil is visiting Russia [12:05] Steven Bammel: Yeah, I saw that. [12:05] Steven Bammel: Jeff - Jongil Kim is in Russia [12:05] Hyungsik Yoon: He will meet with Putin probably in Vladivostok [12:06] Steven Bammel: Jeff - Are you watching this? [12:06] Steven Bammel: Amazing!! [12:07] Steven Bammel: Whew... [12:07] Steven Bammel: I was worried we'd miss this... [12:07] Hyungsik Yoon: Gas piple line from Russia to South Korea via North Korea will be the main topic [12:07] Hyungsik Yoon: between the two men [12:08] JL:http://english.chosun.com/site/data/html_dir/2011/08/12/2011081201089.html [12:09] [12:09] Hyungsik Yoon: This is no good news. No salt on Rramyeon? No taste! [12:09] Steven Bammel: Best idea: skip the ramyoen [12:09] Steven Bammel: I won't eat it. [12:09] Steven Bammel: My kids like it though... [12:10] JL:http://synapse.koreamed.org/Synapse/Data/PDFData/0161NRP/nrp-3-328.pdf [12:10] Hyungsik Yoon: I probably have world record in ramyeon consumtion. Minimum five a week [12:10] Steven Bammel: Wow! [12:12] Steven Bammel: Yes, I'll stick with makgeolli [12:12] Hyungsik Yoon: Makgeolli doesn't go with me as I get sick the following day. So is my friend [12:12] Hyungsik Yoon: Soju, that is [12:13] Steven Bammel: You should try the Buja brand of makgeolli. [12:13] Hyungsik Yoon: Buja? Rich person? [12:14] Hyungsik Yoon: or Father and Son [12:17] Steven Bammel: It's the makgeolli brand I drink. [12:17] Steven Bammel: It doesn't make me sick at all. [12:20] Hyungsik Yoon: There are many brands. The most famous is Il**** makgeolli [12:20] Steven Bammel: Which one? [12:20] Hyungsik Yoon: Il**** is a small village near DMZ above Seoul, and soliders liked it [12:21] Steven Bammel: Oh. [12:21] Steven Bammel:http://seongpo****.koreanconsulting.com/2010/07/good-makgeolli.html [12:21] Steven Bammel: This is the one I drink [12:22] Hyungsik Yoon: Someh