Wednesday, March 17, 2010

Accountability For Financial High-Jinks Now!

North Korea Executes Official for Currency Reform, Yonhap Says
By Kyung Bok Cho

March 18 (Bloomberg) -- North Korea executed the former head of finance of its Workers’ Party after last year’s currency revaluation triggered unrest in the communist nation, Yonhap News reported, citing people it didn’t identify.

Pak Nam Gi was executed last week in Pyongyang on charges of intentionally harming the country’s economy, the South Korean news agency said today.

South Korea’s Chosun Ilbo reported last month that North Korean leader Kim Jong Il fired Pak after the currency revaluation stoked inflation and caused shortages of goods.
We're not saying Dear Leader is right, but we wouldn't say he's totally wrong.

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