In a recent interview with USA Today, former Federal Reserve chairman Ben Bernanke stated that he thinks the DOJ should have prosecuted individuals, and not just financial firms, for misdeeds connected to the global financial crisis. Bernanke is right – the Obama/Holder DOJ failed to target individuals and therefore probably failed to deter future financial fraud, because the real wrongdoers have been sent a message that they can get away with it.
Andrew Keller | All Articles
- Subscribe to RSS
Andrew Keller is an American lawyer working in Seoul for the Korean law firm of Shin & Kim. He is a graduate of the University of Chicago Law School and a Chicago White Sox fan.
In December 2014, Korean Air executive Heather Cho ordered an aircraft back to the gate when a flight attendant served her macadamia nuts in a bag, not on a plate. Cho, the daughter of Korean Air’s chairman, allegedly acted with imperial arrogance, belittling the flight attendant, threatening other Korean Air employees, and violating air safety rules by treating the aircraft as her personal property. The incident stirred outrage in Korea over the attitudes of the privileged elite, and garnered international attention. The press deemed it “nut rage."
Two and a half years ago, South Korean and American forces were conducting live-fire drills in the sea west of Korea near the island of Yeonpyeong when a cable from North Korea arrived asking if the drills were an attack. South Korean and American forces proceeded with the drills, firing south into the sea, away from North Korea. The North attacked, shelling Yeonpyeong and killing four South Koreans, including two civilians. The South returned fire and scrambled fighter jets. It seemed the peninsula was on the brink of war.