Chaebol the claim that in order to be a competitive economy more power must be given to the chaebol. In recent years, the leading political parties of South Korea have reversed their pro-large corporate stance to one of economic diversification. Under Kim Dae-Jung and in the wake of the 1997 Asian Financial crisis, many reforms were made to the chaebol. Most of these changes pertained to corporate structure, transparency in financial reporting, corporate governance, and debt stabilization. In 1997, the IMF provided a bailout loan of $60 billion conditional on revision. Distressed financial institutions were to be closed down and those
Owned-and-operated television stations in the United States of the major broadcast networks; in that case W41BN is now WRGX-LD, the market's NBC affiliate under the ownership of Gray Television. Several other translator stations have been taken off-the-air completely as TBN's distribution has become concentrated on pay television and IPTV distribution, due to the prohibitive costs of upgrading the entire network's translator system to digital. Owned-and-operated television stations in the United States In the United States, owned-and-operated television stations (frequently abbreviated as "O&Os") constitute only a portion of their parent television networks' station bodies, due to ownership limits imposed by the Federal Communications Commission (FCC). Currently, the total