,as in example of Daewoo problem in the
             1980s when Daewoo shipbuilding made losses that threaten the collapse
             of the whole group, the government stepped in to save conglomerate and
             to provide emergency loans, chaebols could always count on the
             government to help. So they would continue to borrow money from
             government owned banks. The bank were forced to continue borrowing
             money to "Korean Losers" and never got paid back. It continued until the
             old government was in power and economic growth allowed to spend
             money on useless but loyal companies. However, the Asian crisis changed
             everything. Weakened Korean economy desperately needed money
             injections from the IMF. IMF used the financial crisis to insist on an end
             to all forms of national economic regulations and the close ties between
             ...