damn name wrote:(Added: his last gig was Director General for International Trade Policy and that was only about a year ago.)
The GF worked for him. Said he had a small johnson.....

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damn name wrote:(Added: his last gig was Director General for International Trade Policy and that was only about a year ago.)
Screwed-down Hairdo wrote:With catone...shareholders/bondholders should be footing the bill. They were very happy to take TEPCOs very generous dividends for decades. Why should taxpayers rescue these people?
[color="Red"]The first spokesman was quickly removed from the job after he said during the March 12 press conference that the fuel inside the Reactor 1 was probably melted. [/color]The second spokesman was also quickly removed when he said on the March 13 morning press conference, "I don't want to do this but I was told to do it so here I am."
Well, Nishiyama is gone now. His successor is Yoshinori Moriyama.
Jack wrote:Easy for you to say but many of the said victims may also be shareholders you rely on the dividends for their income. Here is the way I asnwer all this nonesense about people thinking that everyone else but themselves makes too much money:
Do you think the prime minsiter of the country makes too much money?
Yes, I do.
Do you think the Queen of England makes too much money?
Yes, I do.
Do you think your neighbour makes too much money?
Yes, I do.
Do you make too much money?
Of course not.
...What went wrong? The key is to understand that Tepco wasn't operating in a vacuum. Japan's legal framework is not conducive to meaningful governance. For instance, there are no requirements for a minimum number of independent voting directors, a principle that is common elsewhere. The law also offers no mechanisms for boards to form special committees where such directors can act on behalf of the board in handling tricky oversight functions.
Indeed, the biggest indication that the Fukushima crisis represents a failure of Japan's governance system, rather than one mismanaged company, is that it comes after an intense nine-year effort by Tepco to reform itself from the inside. In 2002, a whistleblower exposed two falsified inspection reports regarding the Fukushima plant. This led to the uncovering of 27 other falsified safety reports, the shutdown of 17 reactors, and intense regulatory and public censure.
Tepco responded to the scandals by increasing the number of nonvoting external auditors. It also established a corporate code of conduct and an ethics committee to enforce it. Managers set as explicit goals to "reform the corporate culture" and "restore public confidence."
But in the absence of legal or regulatory changes, any single company trying to shake up its corporate governance culture is like a drug addict trying to go clean while still hanging around his substance-abusing friends: There are no role models and plenty of bad peer pressure.
So it's worrying that in the wake of the Tepco scandal, policy makers still are pretending the company at hand is simply one bad apple, while ignoring systemic problems. This is even more troubling given that Japan is now in the middle of amending its Company Law, a process that will become one big missed opportunity if policy makers don't learn from Tepco's mistakes...
chokonen888 wrote:So basically the first dude was fired...for telling the truth?![]()
Let me make it simple for you Jack...
Artificially keeping this PRIVATE company alive with our tax money so they can turn around and pull the same amakudari bullshit and make the same mistakes all over again, putting us at unnecessary and unreasonable risk to make money off us, is just retarded...but that's apparently what's happening.
Jack wrote:I am very relevant but you are way too constipated to see it.
Jack wrote:Thanks for the basic information and where you are fatass wrong is the gross assumption you are making that TEPCO will continue the same bullshit and make the same mistakes all over again. Are you some kind of a visionary and you can see the future?
james wrote:this coming from someone with verbal diarrhea..
Jack wrote:I am very relevant but you are way too constipated to see it.
Coligny wrote:They sure as hell did it everytime they could when the cash was flowing, and now that they are cash strapped, I can bet they will fuck up even more to save a buck...
chokonen888 wrote:Exactly, there is a long history of BS from them that would lead any reasonable person to believe this type of crap can and will happen again.
TEPCO to be effectively nationalized for at least 10 yrs: sources
TOKYO (Kyodo) -- Tokyo Electric Power Co. would be effectively nationalized for at least 10 years through 2022 and is intended to move into the black in fiscal 2013 under a plan currently considered by a state-backed entity for funding nuclear disaster compensation, sources close to the matter said Friday.
Coligny wrote:Note 1 for Tepco board: beggars can't be choosers
Note 2 for Tepco board: you guys should thank gods for not being in jail for the rest of your life, keeping low profile could be a good idea...
IparryU wrote:Note 3 for New Tepco board: dont allow stinky gaijin to come on board cause it may trigger the Olympus like closet door to open.
Sa_Race wrote:Japan PM: 'No individual to blame for Fukushima'
http://news.yahoo.com/japan-pm-no-individual-blame-fukushima-100343764.html
Coligny wrote:BTW... since when the prime minister of the month have any judicial authority?
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