Published On: Sat, Jul 18th, 2015

Samsung and ‘the Jews of Wall Street’: Korean Takeover Fight Gets Uglier

Anti-Semitism flares up against billionaire investor Paul Singer, painted in the press as one of a cabal of 'ruthless' Jews

Paul Singer

 

As a fierce merger fight between Samsung Group’s Lee family and activist investor Paul Elliott Singer has raged in South Korea, the Lees have marshaled their best arguments for the deal,  splashed ads on the front pages of the nation’s newspapers, and courted minority shareholders in person.

Oh, and announced that they aren’t anti-Semites.

With Friday’s vote on the takeover bid fast approaching, critics of Elliott Associates have come out of the woodwork in recent weeks with anti-Semitic diatribes against the billionaire and others. After three Korean publications ran stories attacking Jews seeking to thwart Samsungone called Jews “ruthless and merciless”the chief executive officers of the Lees’ de facto holding company, Cheil Industries, and Samsung C&T issued statements to the Anti-Defamation League and the Simon Wiesenthal Center over the weekend…READ MORE

Bruce Einhorn

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