28 TEPCO creditors agree to roll over loan

28 TEPCO creditors agree to roll over loan.

Just omit 'loan' from this sentence.

But, nuclear power is cheap and safe, right?

Too bad they didn't force them into bankruptcy and a leadership change....

Too big to fail. Get really big peeps...

All this and despite not paying compensation yet to the thousands they have forced out of homes and are still in shelters, they still proclaim they are aiming to be back in black by next year. Unbelievable that this is not in the crime section.

I dont understand... they lost 27.. but being given 77 , and got preapproval for much more... what kind of a pyramide scam is that... seems to me this disaster is best think ever to happen to Tepco financially... ?

I dont understand... they lost 27.. but being given 77

writer's trick, don't understand why loss amount is mentioned in US$...

Let them fail please, Tepco are idiots.

Wouldn't it be nice if an honest, hard-working family who have a loan and are productive in society were to be allowed to not default on a loan if in trouble, instead of an inept, lying, scandalous company. Society is seriously messed up, and don't forget, the banks are using YOUR money on this, while giving you a generous 0.07% interest rate on your holdings.

I have no pity for TEPCO. Go and read their financial statements rather than this VERY biased piece of pro-TEPCO propaganda.

Total remuneration for officers (i.e. directors, auditors and senior executives)

2012 = 53 million yen 2013 = 172 million yen

The cream lapped up by the fat cats at the top of TEPCO has more than TRIPLED in just the last year, yet they whine about being unable to pay their loans. I can see a quick and easy way to cut 172 million yens worth of expenses.

Oh despicable! Exactly this is a crime. Frungy, where did you get that information? In my company we have no salary up for five years. TEPCO boss can get 300% salary up in a year? Where is such money?

Oh of course - we give it. It is our money. And now we can pay even more tax to help. Maybe next year TEPCO boss can have 500% salary up, and my kids get no summer vacation again.

Exactly feudalism.

There isn't much anyone can do complaining now. Would you rather have to go out and buy a generator to keep your lights on? It's go with the flow.

@smithinjapan I couldn't have said it better myself. The banks and the government as well are using our money, and it's not going to those who need it most in this disaster, the victims and refugees, but instead to those whose incompetence and greed were a major factor in its scale, and in its continuing failure to be gotten "under control".

With a clear plan I would agree. But there is nothing: NOTHING, NADA, RIEN DU TOUT!

This is not business bust vested interest of the old management who want to keep their political and influential status (and the usual beer and hostesses 3 times a week - if not more).

Roll over for what our who? Oh that is Japan, you just roll over for big corp, & we all take it where the sun don't shine! But then others on the other side of the Pacific take your nuclear fish...

warewarenihonjinOct. 14, 2013 - 07:33PM JST Oh despicable! Exactly this is a crime. Frungy, where did you get that information? In my company we have no salary up for five years. TEPCO boss can get 300% salary up in a year? Where is such money?

From the TEPCO financial statements, which are online for anyone who wants to read.

http://www.tepco.co.jp/en/corpinfo/ir/tool/annual-e.html

These bankster elites play with the people money. How can they watch themselves in their mirror every morning? Poor senile guys running a worldwide power country into the wall!

Reminds me of the old maxim.

If you are a small borrower, and borrow from the bank, then if you don't pay, that is your problem. However, if you are a large borrower and can't pay, then the bank has the problem

May as well roll those loans, cause they likely will never get repaid.

Which is a better risk? The USA or TEPCO?

Alex Einz, it's craziness, Alex Einz, it's craziness.

Why write the amount of losses in dollars but loans in yen? Is there a reason for this? Honestly curious

Pochan: perhaps the reason is to provide a relevant idea of conversion for those who cannot be bothered to do it themselves. Or maybe it was just a consistency error.