“Don’t try that ‘Mr. Pink’ stuff with us. We’ll hunt you down like the mongrel dog you are.”
South Korean prosecutors indicted a blogger on Thursday who had warned of financial doom for the country with critics saying he was targeted because his gloomy forecasts upset the government battling an economic downturn.
The blogger, writing under the pseudonym Minerva, became a household name for his predictions of sharp falls in the won and the local stock market and the collapse of U.S. investment bank Lehman Brothers. Prosecutors said he hurt the local currency by posting incorrect information online.
“The suspect in this case was indicted on charges of false information on two occasions,” an official at the prosecutors’ office said by telephone.
As South Korean markets tumbled late last year amid the global downturn, the main financial regulator warned it would crack down on what it considered malicious rumors and some economic analysts say they have come under pressure from authorities not to voice negative views on the economy.
Yeah. If this guy had been stopped beforehand (minority report style) this whole global recession thing could have been avoided.
Its Bloggers like this guy and EP that have caused this crisis, not Bankers with their shrinking bonus. If only the world was free of DB type content we could get back to our 2006 approach to life again.
;>)
I feel like this was in Opening Bell a week or two ago…
I guess EP is next to be put in jail.
EP gets put in jail and the executives at major banks get billions in bailout money. Sounds fair!
I’ll do my part and give EP a conjugal visit.
-BeckyBootFan
Uhoh!
time for me to get my plane and fly to FL.
-mrp