business

Toshiba studying going private as an option

10 Comments
By YURI KAGEYAMA

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10 Comments
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I thought Toshiba was already private

1 ( +2 / -1 )

Toshiba's chairperson, Jerry Black, stressed in an online news conference that how bidders’ proposals are evaluated will be transparent to all stakeholders.

The goal is for Toshiba to go through what he called a “radical transformation” quickly, showing a clear direction and leadership, Black told reporters.

Give it a few months and old Jerry will be arrested for misappropriation of funds. Remember, you heard it here first.

-6 ( +4 / -10 )

Toshiba's foreign shareholders will block this again. The only way for Toshiba to be profitable is by selling the brand to US investment firms. The productive employees and influential shareholders can make the company profitable by permanently erasing Japan's feudal systems of lifetime seniority employment and akumadari.

-7 ( +1 / -8 )

US companies are pouncing on weak Japanese companies. The golden egg is health insurance. Just wait.

1 ( +3 / -2 )

 The productive employees and influential shareholders can make the company profitable by permanently erasing Japan's feudal systems of lifetime seniority employment and akumadari.

It's amakudari

0 ( +3 / -3 )

Toshiba studying going private

...and go from making it "illegally" opaque (i.e. cooking the books) to "legally" opaque (i.e. no legal obligation to dish out any information). Nice!

-2 ( +2 / -4 )

They need to get Jerry's brother Jack Black involved in the corporate braintrust.....board meetings will be like School of Rock

0 ( +1 / -1 )

It's amakudari

Thanks for correcting.

-3 ( +1 / -4 )

Septim Dynasty

“Akumadari.” Great laugh!

-2 ( +2 / -4 )

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