Archive for the ‘pree media’ Category

Seoul Cracks Down on an Internet Financial Guru

January 24, 2009

South Korea might be one of the most wired places in the world, but it’s not necessarily the most Internet friendly. Park Dae Sung, 31, an unemployed blogger now finds himself in hot water for allegedly being “Minerva,” a web guru who posted his thoughts on the state of the economy and the government’s economic policies. Those thoughts generated huge attention in Korea, particularly following Minerva’s prediction that Lehman Brothers would fail. Those musings, however, have not sat well with Seoul. Now Park has been taken into custody by the government and, according to his lawyer, faces a maximum five-year prison sentence for allegedly spreading false information with the intention of harming or threatening public interest. Late last week, Park was denied bail.

Read the rest from Time Magazine:
http://www.time.com/time/world/
article/0,8599,1873346,00.html

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