Japanese Allergic To Foreigners

[Mulboyne]

AP: TSE head raps Japanese 'allergy' over inflow of foreign money
Tokyo Stock Exchange Group Inc. President Atsushi Saito on Friday criticized Japanese people's "allergy" over foreign investment funds, saying the ineffective use of such a resource is impairing their lives. The head of the operator of the Tokyo bourse said other industrialized countries such as the United States, France and Germany are taking a "wise" strategy to attract direct investment from overseas to shore up their economy. "We have about 1,500 trillion yen (in individuals' financial assets) and technologies. But the Japanese do not open their hearts...and are choosing to impair their lives," he said at a news conference in Tokyo. "The biggest problem behind this is the Japanese people's allergy over foreigners and investment funds"... Saito, who was president of the now-disbanded state-backed bailout body, the Industrial Revitalization Corp. of Japan, said the Japanese tend not to care too much about how the management of companies in which they invest in utilizing their money, whereas people in countries outside Japan seem to care more...more...

[TennoChinko]

AP: TSE head raps Japanese 'allergy' over inflow of foreign money
Tokyo Stock Exchange Group Inc. President Atsushi Saito on Friday criticized Japanese people's "allergy" over foreign investment funds, saying the ineffective use of such a resource is impairing their lives. The head of the operator of the Tokyo bourse said other industrialized countries such as the United States, France and Germany are taking a "wise" strategy to attract direct investment from overseas to shore up their economy. "We have about 1,500 trillion yen (in individuals' financial assets) and technologies. But the Japanese do not open their hearts...and are choosing to impair their lives," he said at a news conference in Tokyo. "The biggest problem behind this is the Japanese people's allergy over foreigners and investment funds"... Saito, who was president of the now-disbanded state-backed bailout body, the Industrial Revitalization Corp. of Japan, said the Japanese tend not to care too much about how the management of companies in which they invest in utilizing their money, whereas people in countries outside Japan seem to care more...more...

Somewhat ironic coming from the former head of a government fund whose main role was to step in and prevent evil gaijin private equity firms from taking control of pure honorable utsukushii Japanese ones.

Jap Gov't sponsored corporate cockblocking at its best...