GREY:CUDBF - Post by User
Comment by
speculatoron Sep 02, 2014 11:17pm
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Post# 22899770
RE:RE:years ago
RE:RE:years agoIt is a simple case of East meets West, two different cultures, two different ways of doing business and on top of it, dealing with the Korean Government, National Bank is complicated and time consuming.
It would have been very surprising for the deal to be signed without any delays. Anybody who has ever dealt with Orientals, especially with the Korean Government, National Bank ,will know that.
There are absolutely no bad intentions just different rules, ways of doing business and therefore, unfortunately , often delays.
POP should have known that and make sure the deal will be sign Sept 2. Checking constantly with the Koreans how the deal is coming along.
I am pretty sure POP assumed everything is coming along fine and on Friday found out about these problems.