ADL denounces Jewish stereotypes in South Korean media

The flag of South Korea. Credit: Wikimedia Commons.

( The Anti-Defamation League (ADL) has denounced several news stories published in South Korea that utilized anti-Semitic stereotypes.

One news story from the South Korean outlet Money Today reported that a merger between Samsung C&T, a construction company, and Cheil Industries is being challenged by two New York-based financial companies "whose key shareholders are Jewish." 

"According to the finance industry, the fact that Elliott (Associates) and ISS are both Jewish institutions cannot be ignored. Elliott is led by a Jew, Paul E. Singer, and (International Shareholder Services) is an affiliate of Morgan Stanley Capital International (MSCI), whose key shareholders are Jewish. According to a source in the finance industry, Jews have a robust network demonstrating influence in a number of domains," the South Korean newspaper stated.

Two other South Korean publications made statements such as "Jews are known to wield enormous power on Wall Street and in global financial circles," :It is a well-known fact that the U.S. government is swayed by Jewish capital," and "Jewish money has long been known to be ruthless and merciless."

ADL National Director Abraham Foxman said in a statement that "these malicious myths are among some of the most widely held stereotypes about Jews, and are far from harmless." 

ADL’s 2014 Global 100 poll of anti-Semitic attitudes around the world showed that 53 percent of South Korean adults agreed with a majority of 11 classical stereotypes about Jews.

Posted on July 14, 2015 .