business

Nomura CEO grilled over insider probe, but re-elected by shareholders

17 Comments

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17 Comments
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I don't understand Japan, how does a deep bow and saying the words "I'm deeply sorry" and even squeezing a few tears out resolve you of all guilt?

I think this needs to be on the top 47 things foreigners find strange in Japan!

6 ( +6 / -0 )

As long as he bowed in apology that's all right then.

4 ( +4 / -0 )

as the Japanese love to say, "shou ga nai" and then keep putting up with incompetence.

4 ( +4 / -0 )

Of course he was re-elected. Insider trading is considered creative business tactics in Japanese business ethics.

3 ( +3 / -0 )

akbfan great no? rob people out of their money, bow, apologize and get a raise, promotion. hehe

2 ( +2 / -0 )

Getting tired of hearing the " we have caused worry and trouble and we apologize for that " kind of comments coming out of J companies with increasing frequency these days. Instead, how about apologizing for the actual offense commited , getting transparently to the bottom of things, properly punishing those responsible ( not giving them golden parachutes or 10% paycuts for 3 months or transfer them to other departments ) and putting solid rules in place ensuring the same thing doesn`t happen again and again. Aahh..the world of Japan Inc.

2 ( +2 / -0 )

gogogo: "I think this needs to be on the top 47 things foreigners find strange in Japan!"

I think there needs to be a separate list not of what foreigners find strange, but what is just simply insane.

2 ( +3 / -1 )

Internal investigation... Hahahaha!

Re-elected? When, when, when is this country going to learn?

Bowed and apologized... ah Japan Inc. As pathetic as ever.

1 ( +2 / -1 )

This is a white collar crime. No criminal investigation for this matter is beyond me. These Japanese shareholders are sending a wrong message to global investors. We will stay away from Japan's future. Good luck.

1 ( +1 / -0 )

Ah, Japan. A deep bow and all the trouble caused is forgotten. Meanwhile a whole lot of people get screwed and swept under the carpet.

0 ( +1 / -1 )

The show must go on :rolleyes:

0 ( +0 / -0 )

grilled but elected i wonder how that tastes like

0 ( +0 / -0 )

wowzers. All I can think of is one of the those leave it to beaver moms scolding him while waving her finger. "don't you do that again (......and get caught)"

0 ( +0 / -0 )

@globalwatcher, i think there is investigation into this, and supposedly the authorities will crack down more heavily. But of course, we have seen stuff like this before and somehow big money is able to get away without serving time or paying big fines.

Nomura should disband its entire board, senior management, and start anew.

0 ( +0 / -0 )

@icreturns, great! That's how this matter should be handled.

0 ( +0 / -0 )

@icreturns, great! That's how this matter should be handled.

0 ( +0 / -0 )

Isn't it weird that "there is no one any better" so we'll get this corrupt guy to keep going, does Japan have a talented HR problem?

-1 ( +0 / -1 )

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