1. Although there were plenty of empty press seats for most games, the Korean officials were extremely strict about who could sit there. 2. A Korean official, who asked not to be named, said some of the IMF money will be used immediately to refinance debt. 3. A luncheon with Korean officials that Laney arranged did not deal with Credit Suisse business. 4. But he said that after only two discussions with Panacom lawyers, he turned around and flew home, refusing to meet with Korean officials. 5. G.E. also brought in Henry Kissinger, a consultant to the company, to warn Korean officials that they faced retalition unless Iljin returned the technology. 6. His deputy, Stanley Fischer, met with Korean officials in Seoul Thursday. 7. However, Korean officials had previously announced wrongly that an agreement had been reached, possibly using such an announcement as a bargaining ploy. 8. Investors, however, appeared wary after having been repeatedly told by senior Korean officials that a final deal with the consortium was imminent. 9. Investors are concerned that Korean officials have not shown the political will to push through the tough conditions the IMF has attached to the rescue. 10. Kimm did not respond to several telephone calls asking for comment, but the former Panacom official and two Korean officials described his efforts as highly unsuccessful. |