Friday, May 04, 2007

The Fate of BDA

There has been some comment in the media about a South Korean takeover of Banco Delta Asia in response to its impending bankruptcy. Yonhap article, and blog comments from dprkstudies.

We'll have to see for sure, but I stand by my earlier assessment that BDA would go under one way or another.

Does this story belong in the irony column?

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