Thu Oct 9, 2008
By Miyoung Kim and Rhee So-eui - Analysis
SEOUL (Reuters) - As the global financial crisis picks off victims among U.S. and European financial institutions, analysts fear South Korea's banks could be the next casualties.
The concerns have come as something of a shock to ordinary South Koreans, repeatedly told by officials that the prudence born from the misery of the Asian financial crisis a decade ago had largely inoculated what is now Asia's fourth-largest economy from another economic catastrophe.
http://www.reuters.com/article/innovationNews/idUSTRE4982DB20081009?sp=true