source is in Korean. The author’s researcher translated the title and the quoted
text into English.
“My uncle’s very lucky”: Henry Cho, interview by the author, March 25, 2016.
“We knew something was wrong”: Nam S. Lee, interview by the author, November
13, 2015.
“The Thai Gamble”: Seth Mydans, “The Thai Gamble: Devaluing Currency to
Revive Economy,” The New York Times, July 3, 1997,
https://www.nytimes.com/1997/07/03/business/the-thai-gamble-devaluing-
currency-to-revive-economy.html.
currencies were falling off a cliff: PBS, “Timeline of the Panic,” Frontline, undated,
https://www.pbs.org/wgbh/pages/frontline/shows/crash/etc/cron.html.
“I’ve studied the automobile industry”: Lee, Lee Kun-hee Essays, p. 91.
Interest payments alone: Michell, Samsung Electronics and the Struggle for
Leadership, pp. 29–30.
most of Samsung’s 45,000 automobiles: Woonghee Lee and Nam S. Lee,
“Understanding Samsung’s Diversification Strategy: The Case of Samsung
Motors Inc.,” Long Range Planning 40, nos. 4–5 (August–October 2007): 490.
that could manufacture 80,000: Samsung, “Meeting the Challenge: Samsung Annual
Report 1995,” p. 79.
losing $6,000 per vehicle: Stephanie Strom, “Skepticism over Korean Reform;
After Daewoo Intervention, Is There the Will for Austerity?” The New York
Times, July 30, 1999, https://www.nytimes.com/1999/07/30/business/
international-business-skepticism-over-korean-reform-after-daewoo-
intervention.html.
fell precipitously to fewer than 7,000: James B. Treece, “Renault to Pump $300
Million into Ailing Samsung,” Automotive News, June 19, 2000,
https://www.autonews.com/article/20000619/ANA/6190749/renault-to-pump-
300-million-into-ailing-samsung.
bought by Renault: Treece, “Renault to Pump $300 Million.”
“There was a sense that”: Louis Kraar, “The Man Who Shook Up Samsung,”
Fortune, January 2000, http://archive.fortune.com/magazines/fortune/
fortune_archive/2000/01/24/272330/index.htm.
gold rings and trophies: “Koreans Give Up Their Gold to Help Their Country,” BBC
News, January 14, 1998, http://news.bbc.co.uk/2/hi/world/analysis/47496.stm.
the largest bailout in its history: Andrew Pollack, “Crisis in South Korea: The
Bailout; Package of Loans Worth $55 Billion Is Set for Korea,” The New York
Times, December 4, 1997, https://www.nytimes.com/1997/12/04/business/
crisis-south-korea-bailout-package-loans-worth-55-billion-set-for-korea.html.
Samsung Electronics laid off one-third: Kraar, “Man Who Shook Up Samsung.”
Senior managers took a 10 percent: “Samsung Cuts Jobs and Pay as Koreans Brace