Barbarians at the gate, vultures overhead
Asia Times/ Sept 23
...To the distress of the Japanese psyche, foreign firms have been particularly active in the buyout market. While the economy as a whole may be floundering, depressed equity markets have made target businesses very affordable and low interest rates...Toshio Tachibana, senior consultant at the Japan Research Institute, thundered recently in an interview with the Yomiuri newspaper, "physical assets in this country should also be owned and managed by the Japanese people as an independent nation. That's the way it should be....."