South Korean president orders measures to minimize financial shock
17/9/2008 17:04
South Korean President Lee Myung- bak today said all the information about
the current global financial chaos should be disclosed to the public in order to
minimize shock and confusion in local financial markets.
"The government has
to take thorough countermeasures to prevent the US-originated financial crisis
from spreading into Korea and causing confusion and shock to domestic
investors," Lee said, adding that all information should be made public
accurately and transparently.
Lee also expressed his wish to make a personal
investment in financial funds to help stabilize the local financial
market.
"As a civil servant, I'm not allowed to invest directly in stocks.
But if indirect investment funds are available, I'm ready to buy one of them,"
said the president.
Xinhua
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