NEW MINISTER OF FINANCE IN SOUTH KOREA
Markets React Favorably... Not Sure How This Will Help in the Long-Run

My father's high school classmate and friend, Lee Hun Jai, recently got appointed as Roh's new minister of finance. His appointment is a positive move and the financial markets reacted well since he built an excellent track record when he occupied the same position from 1998 to 2000. I'm sure he'll do a good job again, but I'm not sure if this appointment can do much for the overall health of Roh's administration. Roh is just clueless. Not simply clueless and lost in the dark, but clueless, lost in the dark, and walking around breaking things... valueable items essential for Korea's health and happiness. South Korea's president serves for five years. They should really review the length of the president's term after Roh is done.