SEOUL, SOUTH KOREA — A Samsung company on removed online cartoons attacking a U.S. hedge fund’s founder as a ravenous, big-beaked vulture after Jewish organizations protested similar smears in South Korea’s media.
The hedge fund, Elliott, is opposing a takeover deal between two Samsung companies that critics say will ensure the current generation of Samsung’s founding family retains control over South Korea’s biggest conglomerate.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
Samsung C&T, one of the Samsung firms involved in the takeover, posted cartoons online that depicted Elliott’s founder Paul Singer as a vulture-like figure. In one scene, Singer is depicted hiding an axe behind his back while taking money from a man in ragged clothes.
The cartoons were displayed for several weeks on a website set up by Samsung C&T to argue the merits of the takeover deal.
Samsung C&T said the cartoons were a sensitive issue and asked The Associated Press not to publish a story before a crucial shareholder meeting… Continue reading
