Saturday, October 18, 2008

South Korean analyst sacked for saying greed is bad

SEOUL (Reuters) – A South Korean financial researcher was sacked for telling a TV talk show that people made unwise investment decisions because they were too greedy, his company said on Friday.

Han Sang-choon, deputy head of Mirae Asset Investment Education Institute, said investors ignored warnings over the past few months that trouble lay ahead for stocks and held on to funds thinking a big pay day was just around the corner.


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