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Anyone been following the fallout of the Sewol Ferry sinking?

repoman

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I have been reading a few things and watching the Arirang News channel on Youtube.


I think that the fact that the owner is gonna be arrested unless he has a secret safe house is a great thing, and what does not at all happen in the U.S.

Also, the Korean people are really intense with their emotions, I respect that a lot.

Any insights?
 
I have been reading a few things and watching the Arirang News channel on Youtube.


I think that the fact that the owner is gonna be arrested unless he has a secret safe house is a great thing, and what does not at all happen in the U.S.

Also, the Korean people are really intense with their emotions, I respect that a lot.

Any insights?

Unfortunately, he might only be guilty of not paying enough attention.

Did he know the ferry was routinely overloaded?
 
According to some reports the ferry in question had been overloaded on 57% of it's trips since it was overhauled (139 times out of 241 trips). This earned the company an extra $2.9 million. So... Yeah, The CEO must have known. Money like that doesn't just get overlooked.

Emotional reactions can get things done but usually when people are thinking with their emotions they don't make proper decisions. I blame emotions after 9/11 for the US's support of invading Afghanistan and Iraq.

It's possible that the captain and other officers on the boat may receive the death penalty because they have been charged with murder. It is inconceivable to me that this tragedy was an intentional event. In my mind any punishments which are eventually passed out should not be capital punishments.

Another issue that has been raised is that the Koreans are seriously considering prohibiting all school field trips. ALL of them. Want to organize a trip to the museum three blocks down the road from the school? It won't be allowed. This would be a real shame because for such an insulated culture they could really use every chance available to broaden their horizons.
 
The real owner of the ferry is likely to be a piece of work religious cult leader.
 
According to some reports the ferry in question had been overloaded on 57% of it's trips since it was overhauled (139 times out of 241 trips). This earned the company an extra $2.9 million. So... Yeah, The CEO must have known. Money like that doesn't just get overlooked.

He no doubt knew about the money. That doesn't mean he knew they were overloading it in order to get that money. This could have been the work of an underling making their numbers look better.
 
According to some reports the ferry in question had been overloaded on 57% of it's trips since it was overhauled (139 times out of 241 trips). This earned the company an extra $2.9 million. So... Yeah, The CEO must have known. Money like that doesn't just get overlooked.

He no doubt knew about the money. That doesn't mean he knew they were overloading it in order to get that money. This could have been the work of an underling making their numbers look better.
Yes... always the sneaky underling. CEO's are always the victims.
 
It's his job to know.

Right, like Obama and Hillary in Benghazi!!11!!
I'm having a hard time seeing the similarity between a ratio of traveling passengers verses capacity (a metric that would certainly be used by a transport company to determine how efficiently each of their ferries were being used) and having an ear to the ground to know of particular uprisings from insurgents or riots.
 
I'm kind of surprised dismal just outed himself as a Benghazi nut.
 
Yes, I have

Yes, I have been following it. Every time such tragedies happen they serve as a window into the time, place and culture where they happen. In this case, we are looking at the post industrial, rapidly developed South Korean society of the early 21st century. What I see is a country that is struggling to find its place in the "rich countries club" but has some serious internal problems to solve.


For starters, corruption and greed seem to remain at the levels they always were back when the country was a military dictatorship run by a few wealthy families. The country and most of society may be vastly richer, but I sense a deep resentment of the new middle class (former lower class? ) towards its rulers, both political figures and business leaders. To me, South Korea is a nation that has been struggling to regain its ancient pride after the devastating first three quarters of the 20th century. First the Japanese occupation, then the war, the country's division and then the military dictatorship. South Korea seems to be suffering from an inferiority complex that drives it to insane levels of competitiveness. I imagine for most Koreans, Japan is the rival to beat and in many ways it seemed it was on the right path: Corporate giants like Samsung and Hyundai were making the big boys in Tokyo tremble with every annual financial statement release. Problem is, it seems that the business and political elite are already engaging the safety brakes on the train to development-utopia. Salaries should be higher now, but it is not happening because for certain people it would be "inconvenient" to make the South Korean workers make as much money as the Japanese, the Germans or the Americans. How could they compete then? On the other end of the spectrum, the upcoming youth is under enormous pressure from their elders to achieve great things in life. Studying in South Korea is as stressful as trying to land a job in Wall Street, and remember, we are talking about teenagers and young adults, not stock brokers!


All these different stress sources in Korean society have been simmering for years, if not decades. All they need was some event, some tragedy to expose the system's rotten core. This, in my humble opinion, is why this tragic event has finally arose the Korean middle class out of its rat race routine.
 
According to some reports the ferry in question had been overloaded on 57% of it's trips since it was overhauled (139 times out of 241 trips). This earned the company an extra $2.9 million. So... Yeah, The CEO must have known. Money like that doesn't just get overlooked.

He no doubt knew about the money. That doesn't mean he knew they were overloading it in order to get that money. This could have been the work of an underling making their numbers look better.
Yes... always the sneaky underling. CEO's are always the victims.

It's not always the underling. Sometimes it is, though.
 
According to some reports the ferry in question had been overloaded on 57% of it's trips since it was overhauled (139 times out of 241 trips). This earned the company an extra $2.9 million. So... Yeah, The CEO must have known. Money like that doesn't just get overlooked.

He no doubt knew about the money. That doesn't mean he knew they were overloading it in order to get that money. This could have been the work of an underling making their numbers look better.
Yes... always the sneaky underling. CEO's are always the victims.

It's not always the underling. Sometimes it is, though.

So, to clarify, CEOs deserve their HUGE pay, because they are the ones who take ultimate responsibility for anything that their company does wrong; But it is simultaneously perfectly OK for them to be let off the hook for anything their company does wrong, unless they were directly and personally involved in the wrong-doing, because they can't be expected to take responsibility for the actions of some lowly paid underling.

Sounds reasonable to me.
 
I have been reading a few things and watching the Arirang News channel on Youtube.


I think that the fact that the owner is gonna be arrested unless he has a secret safe house is a great thing, and what does not at all happen in the U.S.

Also, the Korean people are really intense with their emotions, I respect that a lot.

Any insights?

Unfortunately, he might only be guilty of not paying enough attention.

Did he know the ferry was routinely overloaded?

He can plead ignorance or incompetence. I don't think either will help his case.
 
I have been reading a few things and watching the Arirang News channel on Youtube.


I think that the fact that the owner is gonna be arrested unless he has a secret safe house is a great thing, and what does not at all happen in the U.S.

Also, the Korean people are really intense with their emotions, I respect that a lot.

Any insights?

Unfortunately, he might only be guilty of not paying enough attention.

Did he know the ferry was routinely overloaded?

He can plead ignorance or incompetence. I don't think either will help his case.

Civilly, agreed. He's supposed to know. Criminally, though, is another matter. If it was a malicious underling it would take an audit to catch the problem.
 
I have been reading a few things and watching the Arirang News channel on Youtube.


I think that the fact that the owner is gonna be arrested unless he has a secret safe house is a great thing, and what does not at all happen in the U.S.

Also, the Korean people are really intense with their emotions, I respect that a lot.

Any insights?

Unfortunately, he might only be guilty of not paying enough attention.

Did he know the ferry was routinely overloaded?

He can plead ignorance or incompetence. I don't think either will help his case.

Civilly, agreed. He's supposed to know. Criminally, though, is another matter. If it was a malicious underling it would take an audit to catch the problem.

Yeah. One of those underlings who maliciously strives to increase the earnings of his employer, despite his employer's entreaties to stop; and despite the absence of any personal gain to the underling in question.

It is a common problem. :rolleyesa:
 
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