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I'm not sure about the current situation, but I believe the loans were maintained for a long time to ensure a certain level of government control over the large
by msg3 5y ago
I'm not sure about the current situation, but I believe the loans were maintained for a long time to ensure a certain level of government control over the large Chaebols.
- bobthepanda 5y agoMost of the early stuff probably would have been wound down during 1998 when the Asian Financial Crisis brought down Daewoo and the IMF had to stabilize the government’s spending.