Bad Heir Day – Prosecuters Demand 12-Years of Hard Time for Billionaire Samsung Heir

South Korea is buzzing at the news that prosecutors have demanded no less than a 12-year prison term for Samsung’s billionaire heir, Jay Y. Lee. Lee is accused of attempting to solidify his total control of the massive company through … Continue reading

Toshiba Credit Rating Cut to ‘Junk’ Status by Moody’s

Last week, Moody’s Investors Service announced that it was cutting Toshiba Corp.’s long-term senior bond rating to Ba2, or “junk” status. Considering recent reports from Toshiba, a major industry player that is stumbling in the wake of a scandalous accounting … Continue reading

Toshiba Stuns Markets Again, New Whistleblowers Claim More Wrongdoing

10 New Investigations into Allegations of Improprieties, Including at U.S. Subsidiary Just when you thought things couldn’t get worse for the aging Japanese industrial giant, Toshiba Corp. again stunned the financial community in Japan – forced to postpone their already … Continue reading

Toshiba Struggles to Get Past Troubles

Toshiba Corp. has been subjected to almost daily press stories and analyses in the Japanese media on their continued struggles in the wake of a huge accounting scandal at the formerly blue-chip powerhouse company. The scandal was likely large in … Continue reading