January 17, 2006
Horiemon Busted?
Crisscross: Prosecutors search Livedoor for alleged securities law violations
Well, a bit too early to say.
But with a profile like his, you can bet that a LOT of very powerful politicians and corporate leaders would love to see livedoor go down in flames.
From what I can see, the violations are quite serious. Near the level that brought down Seibu last year. Its still unclear however whether anyone at the parent Livedoor had anything to do with the alleged misdeeds.
There will be many more scandals to come. Things need to start breaking down in this country and there will be a lot of blame to go around before anyne thinks to start fixing things. I think that japan desparately needs more people like Horie and Softbanks Masayoshi Son (despite my feelings about them personally), but I wonder if they will actually be able to rise and make a difference.
Scandal has always been a preferred method to get rid of agitators. Just ask Makiko Tanaka.
Posted by Kakyou at January 17, 2006 09:51 AM
Trackback Pings
TrackBack URL for this entry:
http://WWW.THEWESTERNWORLD.NET/mtweblog/mt-tb.cgi/19