If any corporate dinosaur is ready for burial in the graveyard of old Korea Inc., it would seem to be Ssangy-ong Cement Industrial Co. Not only is Ssangyong losing money making a commodity that is in huge oversupply, but as flagship of one of South Korea's worst-managed chaebol, or conglomerate, the company has squandered billions on ill-advised forays into automobiles, ski resorts, and other sectors unrelated to its core business.
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