Published On: Sat, Jul 18th, 2015

Samsung removes online cartoons after anti-Semitism row

The Global Financial Context: Paul Singer

 

— 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.

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

IP Island Packet by  YOUKYUNG LEE
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