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Toshiba chooses gov't-led group as preferred bidder for memory chip unit

By Yuri Kageyama

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This is like a no-brainer, and the government had a huge hand in it too, I will be willing to bet.

1 ( +2 / -1 )

I wonder how the bid prices compared.

0 ( +0 / -0 )

Bain. Wasn't that Romney's outfit?

0 ( +0 / -0 )

Government bail out!? Damn old boys club!

4 ( +5 / -1 )

Wasting tax money on a zombie company

-1 ( +2 / -3 )

Its memory chip unit is the most profitable part of the company and its wise to try and keep the business here.

1 ( +2 / -1 )

The title is boring...

"Japan Government bails old boys club using pension funds"

2 ( +3 / -1 )

Japanese officials have been warning the US and UK over being "protectionist." Well, it's nice to know that with this socialist/nationalist solution, Japan isn't being a hypocrite.

2 ( +2 / -0 )

"Toshiba appears plagued by a legacy of opaqueness.

The perfect pleonasm.

-1 ( +0 / -1 )

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