NewsWhore
03-25-2009, 06:50 AM
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Korean Corporations Court Bankruptcy With Suicidal KIKO Options (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601109%26sid%3DaDQ1pZabcyIo%26refer%3Dhome&cid=1320301126&ei=of_JScvlE5GyMfHeifkO&usg=AFQjCNHhCjbjIRnuEBydE3aML2vc-cZ86w)
Bloomberg
The company’s crash came after the fallout from currency contracts that Choi signed with banks and now says he didn’t understand. In September, Kumkang filed for bankruptcy because of changing exchange rates and terms of the deals. ...
More... (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601109%26sid%3DaDQ1pZabcyIo%26refer%3Dhome&cid=1320301126&ei=of_JScvlE5GyMfHeifkO&usg=AFQjCNHhCjbjIRnuEBydE3aML2vc-cZ86w)
Korean Corporations Court Bankruptcy With Suicidal KIKO Options (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601109%26sid%3DaDQ1pZabcyIo%26refer%3Dhome&cid=1320301126&ei=of_JScvlE5GyMfHeifkO&usg=AFQjCNHhCjbjIRnuEBydE3aML2vc-cZ86w)
Bloomberg
The company’s crash came after the fallout from currency contracts that Choi signed with banks and now says he didn’t understand. In September, Kumkang filed for bankruptcy because of changing exchange rates and terms of the deals. ...
More... (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601109%26sid%3DaDQ1pZabcyIo%26refer%3Dhome&cid=1320301126&ei=of_JScvlE5GyMfHeifkO&usg=AFQjCNHhCjbjIRnuEBydE3aML2vc-cZ86w)