Motion pictures aren't the only place where a Pyongyang-based sovereign wealth fund could wreak havoc. Imagine if the leisure-suit-loving North Koreans targeted men's haberdashery. Or if a North Korean fund seized control of the live entertainment industry. In North Korea, live entertainment mostly consists of 50,000 college game where the halftime show was co-produced by Busby Berkeley and Joseph Stalin. The debate about sovereign wealth funds kicked into high gear when a Chinese company tried to take over 3Com. But the decision to nix a deal like that is a lay-lip. Some countries are good at some things, and some aren't. Anybody can make a good car. Well, almost anybody. But making good music, good food and good movies is another matter entirely.
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