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 station non-commercial religious television networks (such as the Trinity Broadcasting Network and Daystar) own the vast majority of their stations, with only a few privately owned outlets carrying their programming (in the case of TBN and Daystar, both networks own their stations directly and through subsidiary licensees, such as Community Educational Television for TBN and Word of God Fellowship for Daystar). Owned-and-operated stations used to be common in the days of network radio, however beginning in the 1980s, these radio networks began to be broken up. For all intents and purposes, NBC no longer exists as a radio network, beyond brand