Picture of the Day: Lonestar Protest

Leaders of Korea Exchange Bank’s union attempt to enter the building of the Financial Services Commission (FSC) in Seoul on Nov. 18, 2011, as the FSC holds a meeting to discuss whether to order Lone Star Funds to sell most of its stake in Korea Exchange Bank. The workers are calling for the authorities to impose a punitive measure against Lone Star’s stake sale, such as ordering the fund to sell its share on the market, in a bid to prevent the buyout fund from pocketing more than twice the money it spent on purchasing KEB stocks. Via Yonhap.

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