Paul Singer of Elliott Management is seen during the 'Global Financial Context - Reinforcing Critical Systems' session at the 2013 Annual Meeting of the World Economic Forum in Davos, Switzerland, January 23, 2013. A bitter corporate showdown with implications for the future of South Korea's largest conglomerate took an unexpected twist in recent days, with screeds appearing in media outlets warning of the "ruthless and merciless" power of a nefarious "Jewish alliance."