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Download the Free AI Ebook: https://clickhubspot.com/wsm-ai-ebook FREE Professional Email Signature Generator: https://clickhubspot.com/wsm-sig-gene... Daewoo group was once the second largest company in South Korea with $80 billion in annual revenue and 300,000 employees. However, the company collapsed in 1999 due to excessive amounts of debt and accounting fraud. 0:00 - 2:41 Intro 2:42 - 8:36 The rise of Daewoo 8:37 - 12:45 Debt and fraud 12:46 - 16:24 The collapse 16:25 Aftermath and implications Email us: [email protected] Support us on Patreon: https://www.patreon.com/WallStreetMil... Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13d... All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out. #Wallstreetmillennial –––––––––––––––––––––––––––––– Buddha by Kontekst / kontekstmusic Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0 Free Download / Stream: http://bit.ly/2Pe7mBN Music promoted by Audio Library • Buddha – Kontekst (No Copyright Music) ––––––––––––––––––––––––––––––