"It's impossible that we are propping up Hyundai companies, " insists Lee.
CNN: DREAMS AND CONTROVERSY
Lee has a hold on Hyundai because it remains dependent on semiconductors.
CNN: The Chips Are Still Down
Also accompanying Ms. Park to the U.S. will be a 52-member delegation of business leaders, including Samsung Group Chairman Lee Kun-hee and Hyundai Motor Group Chairman Chung Mong-koo.
WSJ: South Korea's Park Travels to U.S. to Bolster Alliance
"The enthusiasm has been beyond our expectations, " says Lee Ik Chi, chairman of Hyundai Securities.
Mr Roh's efforts while in office to redistribute wealth were reversed by his successor, Lee Myung-bak, a former boss of the Hyundai Group.
ECONOMIST: South Korean politics
But Jon and Lee believe that LG Semicon poses more risks than either Samsung or Hyundai.
But Finance Minister Lee Hun Jai admits that this edict has been ignored - as demonstrated by Hyundai's recent family feud over succession.
CNN: Evaluating Kim
Lee Myung-bak, who became president in 2008, is a former chief executive from within the Hyundai extended family of firms.
ECONOMIST: South Korea's industrial giants
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