m a r k a n d e y a

Enough already…

Posted by Brian on April 7, 2006

Am I the only one sick and tired of hearing about Korean companies and the special services they offer for rich customers? I mean, it seems like a week doesn't go by without another article somewhere telling us about how valuable the rich are to such-and-such industry and what they're doing to keep them satisfied. Where's the news?

Update: I just noticed the Yangban has commented on this article as well.

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3 Responses to “Enough already…”

  1. angus said

    no, you’re not the only one, but then again what do you expect from the korean press? after all for an industry that confines itself to:

    1) character assassinations of opposing politicians,
    2) press releases from government / business / labour unions / civic groups thinnly dressed up to look like journalism,
    3) feel good stories about the general superiority of koreans,
    4) feel bad (good?) stories about the general inferiority of foreigners near and far,
    5) statements of the obvious with little or no attempt to provide context, analysis, rationality, impartiality or any other indications of professionalism we usually attribute to the ink stained wretches many of us appreciate.

    given all that, moronic stories about banks playing cynical matchmaker to their favored customers and credulous journalists reporting such shite like trained seals doesn’t suprise me. just makes me appreciate the globe and mail, new york times, guardian, telegraph, wapo,…..all the more.

  2. OK, I’ll be the bad guy here.

    Banks do this to make money, not because they really like rich people.

    You have to be a prime customer to take advantage of the system, which means you must dump a bunch of money into the bank (which the bank will in turn invest and hopefully make a profit on).

  3. Andy, the banks are free to do whatever they want… I have no doubt that the big corporations in Korea love nothing more than perpetuating the rank elitism and snobbery that pervades Korea. My beef is with the way the media shoves it in our face – a reminder that the rest of the country isn’t as special as they are.

    This kind of obseqeuiess (sp?) pandering to the rich is hardly newsworthy, in Korea or anywhere else.

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