$43.4 Bilion has gone, the Collapse of the corporate Daewoo

$43.4 Bilion has gone, the Collapse of the corporate Daewoo | Undercover Korea

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10 ай бұрын

Daewoo was the most aggressive of the Korean 'chaebols' in expanding into Eastern Europe and Southeast Asia, and Chairman Kim's book, "The World is Wide and There is Much to Do," became a best-seller. The fall was just as sudden as the rise. The company was bailed out by the IMF and a 41 trillion won accounting fraud, the largest in history, was revealed.
All copyrights to this video belong to KBS.
KBS is a public broadcasting service in South Korea.
#fraud #documentary #daewoo #chaebol

Пікірлер: 189

@FunkyKiwi7

That's scary The military style lifestyle for all workers.. It's unfathomable

@nelsontan8178

wow...looks like a military camp instead of a workplace...

@lordwalker71

I wonder how many of his employees he worked into an early grave.

@ucevrim

The more I learn about korea the more I realize how fake kdramas are but still can’t stop watching it.

@blankneverlosegaming6374

So basically, don't hide your debt (fraud) so that you don't end up overleveraging.

@benkim2016

My dad worked so hard and I rarely saw him at home except sundays in the 70s.

@samongandroid

So many things revealed in the video but the cheap police cars with shattered windows stood out the most 😀

@chorcor888

interesting videos thank you for uploading in ENG!!

@zamiyaFlow

25:20

@TobyAstern

Money pocketing corruption is a horrible disease.

@ambition112

1:26

@OctPSfever

US Enron was same, the multiple accounting books and creative accounting with consulting firm. Enron built beautiful twin bldgs in Houston downtown.

@robertenglish3921

Daewoo Motors was a South Korean automotive company established in 1937 as "National Motors".

@HolyEnchanta

this guy would have been perfect for DPRK

@wengo44

somehow it makes it sound like overworking people to death was a success story of this company but please stop with this none sense. rather than making that part of history, something to boast about, daewoo and all other corporations should apologize to their workers. it started a brutal and negative working culture that is so harmful to every human being.

@truth6242

He eventually took an extended vacation LOL

@sonnyjim783

Greed has no limits!

@saikonihon2849

아우! 아주 잘 만들었어요! 이런식의 다큐 너무 좋더라.

@gizelop8481

When you overwork people and making money means everything someone has to suffer and pay the price, your body, your family, your society with more suicide, more riches to a select few thus a looking down, neglecting the poor, become an unjust reason to because tyrants, abusers and when the bubble bursts , nobody is responsible for the mess

@truth6242

I admit Daewoo in Korea had the best coach buses I had ever seen anywhere in the world. Made the USA public coach buses look like garbage.