Something everyone forgets about lee soo man

No one forgets that especially now some stans targets him and bring this up just because he thinks BoA paved the way

Quote from Haolat

he still has a ghost company called Lake Planning 100% owned by Lee Soo man. Every year 44% of SM's operating profit goes to this company. No matter how much money humans have they will still want more more more

https://www.allkpop.com/articl…-in-embezzling-activities

And people talk about how SM has been "on deficit" lately as a drag to their groups lmao, like no shit, covid situation + LSM being shady and stealing a big part of it + SM investing on a shit ton of not cheap things.

LSM being shady with money is not new really, I do not think it's comparable to what YHS has done but LSM, with his good actions, good relationships with idols and all is pretty much the average "evil capitalist" shady with money, obssesed with the future stuff and all, he's not saint and everybody who stans any SM group for some time knows that. I do think that man is side-faced though, it's amazing how he's so close to so many idols and a lot of them seem to have a great relation with him yet he's so sneaky and shady when It comes to money.

the date is March 2003. This was when SM was struggling after H.O.T's disbandment and groups like Black Beat and MILK were flopping. Not sure if that is relevant to the thread, though.