Tag: Investment losses
Seven Arrests Made in Olympus Financial Scandal
Tokyo, Japan—Plagued by leadership woes and financial uncertainty since it fired its CEO/president, Michael C. Woodford, last October after he brought to light $1.5...
Newly Instated Olympus Corp. President Admits Company Hid Investment Losses
Tokyo, Japan—Following the October 14 firing of Olympus Corp.’s CEO/president, Briton Michael C. Woodford, the company remains plagued by scandal. Today, its new president,...