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Today Korea, tomorrow the world...
Martin Hindley
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1-22-2009 5:18 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/15aa9b08-9bc4-4c88-b072-3580b8c9dc30/3DED66F1-E260-44D0-82AB-157B4AECFDF7/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.guardian.co.uk/world/2009/jan/22/south-korean-blogger-minerva-prosecution" href="http://www.guardian.co.uk/world/2009/jan/22/south-korean-blogger-minerva-prosecution" style="font-size: 11px;">www.guardian.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/world/2009/jan/22/south-korean-blogger-minerva-prosecution"><H1>South Korean blogger faces trial for pessimistic financial forecasts</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/world/2009/jan/22/south-korean-blogger-minerva-prosecution"><P>A 30-year-old unemployed South Korean who predicted a collapse in the country's stock market has been charged over his pessimistic financial <A href="http://www.guardian.co.uk/technology/blogging" linkindex="27">blogging</A>.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/world/2009/jan/22/south-korean-blogger-minerva-prosecution"><P>Writing under the pseudonym Minerva, the blogger became a household name for his largely accurate forecasts of sharp falls in Korea's won currency, the national stock market and the demise of US investment bank Lehman Brothers.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/world/2009/jan/22/south-korean-blogger-minerva-prosecution"><P>Amid intense speculation over his identity, each of Minerva's postings attracted about 100,000 readers.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/world/2009/jan/22/south-korean-blogger-minerva-prosecution"><P>Since Park's detention, it has emerged that he was a quiet man who never went to university and whose financial expertise came from economics text books and websites. In a society that places high value on an elite education and employment at prestigious firms such as brokerages, there is a growing suspicion that he is being punished because of his social status.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/3DED66F1-E260-44D0-82AB-157B4AECFDF7/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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