The discovery came two weeks after the Rana Plaza complex collapsed a day after large cracks were identified.

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Conversion seems to be a big problem: in the case of the Sungshan complex, which collapsed into itself, the superintendent of the residential part of the building says a bank that rented out the first two floors had stripped the steel columns of concrete reinforcement during renovations earlier this year.

CNN: ASIANOW - TIME Asia | Taiwan: The Day the Earth Moved--Page 3

As a financier, he was a little too imaginative: His complex pyramid of holding companies collapsed in the Depression, even as the underlying electric operations remained financially robust.

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