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> Olympus fails, RL shadow run
Snow_Fox
post Nov 12 2011, 03:50 AM
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Just sharing news out of Japan that seems like it could have been a real shadow run. The camera company Olympus is in real trouble. In the last few days it's stock value has dropped by 66% and it is about to be delisted on the tokyo Stock exchange.

A couple of weeks back a high ranking gaijan in the company discovered what he thought were irregularities in the book keeping. Serious issues about reporting losses. He reported what he found and his superior, a senior VP at once fired him. Apparently this guy kept good notes, and I thought I was the only person who kept a dead man switch on my files, and it all went public. The VP had been ochestrating for years that they were hiding loses and failing to accurately report their findings. Evidence is that the president didn't know but there are criminal charges pending on the VP and his agents and the company is on the edge of collapse as investors and regulators express no faith in the company books. which is amazingly bad considering none of this affects the quality of the cameras the company produces. Being any part of htis could be a great run-finding/hiding the evidence. getting rdi of/protecting the whistle blower and finally finmding/hiding evidence or protecting/implicating various company officers. i mean maybe the president did know but he just hid his trail better.

Lastly I got this from European news agency's. the Japan Times on line, that plugs itself as the west's window on Japan made NO mention of this at all.
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Posts in this topic
- Snow_Fox   Olympus fails   Nov 12 2011, 03:50 AM
- - Tech_Rat   OwO; Wow.   Nov 13 2011, 12:43 PM
- - Snow_Fox   I was in a camera store yesterday and the clerk ha...   Nov 13 2011, 06:40 PM
- - kzt   QUOTE (Snow_Fox @ Nov 11 2011, 08:50 PM) ...   Nov 13 2011, 08:07 PM
- - hobgoblin   Hehe, considered runs from that reads like some ki...   Nov 13 2011, 10:51 PM
- - CanRay   With MCT and Renraku getting involved because they...   Nov 13 2011, 11:01 PM
- - Wounded Ronin   QUOTE (Snow_Fox @ Nov 11 2011, 10:50 PM) ...   Nov 14 2011, 02:20 AM
- - CanRay   "Fill your hands, you son-of-a-bitch!...   Nov 14 2011, 04:17 AM
|- - pbangarth   QUOTE (CanRay @ Nov 13 2011, 11:17 PM) ...   Nov 14 2011, 05:14 AM
|- - Machiavelli   QUOTE (CanRay @ Nov 14 2011, 05:17 AM) ...   Nov 23 2011, 09:39 AM
|- - CanRay   QUOTE (Machiavelli @ Nov 23 2011, 05:39 A...   Nov 23 2011, 04:15 PM
||- - Wounded Ronin   QUOTE (CanRay @ Nov 23 2011, 11:15 AM) I ...   Nov 24 2011, 04:23 PM
||- - CanRay   QUOTE (Wounded Ronin @ Nov 24 2011, 12:23...   Nov 24 2011, 04:32 PM
||- - Wounded Ronin   QUOTE (CanRay @ Nov 24 2011, 12:32 PM) It...   Nov 24 2011, 06:42 PM
||- - Brazilian_Shinobi   QUOTE (CanRay @ Nov 24 2011, 01:32 PM) It...   Nov 24 2011, 06:45 PM
||- - CanRay   QUOTE (Brazilian_Shinobi @ Nov 24 2011, 02...   Nov 24 2011, 07:20 PM
|- - pbangarth   QUOTE (Machiavelli @ Nov 23 2011, 04:39 A...   Nov 23 2011, 04:15 PM
- - Snow_Fox   kzt that was posted on Saturday, this has been bre...   Nov 14 2011, 02:26 PM
|- - hobgoblin   QUOTE (Snow_Fox @ Nov 14 2011, 04:26 PM) ...   Nov 15 2011, 02:29 AM
- - CanRay   Different culture, Snow Fox. Maybe they wanted to...   Nov 14 2011, 05:14 PM
- - Snow_Fox   Their willingness to slaughter politicians at the ...   Nov 14 2011, 07:35 PM
- - CanRay   How long did it take for us to get reports on Occu...   Nov 15 2011, 02:41 AM
- - 3278   And of course, the Yakuza may be involved. The NYT...   Nov 19 2011, 01:06 AM
- - Snow_Fox   The occupy guys got pretty quick notice. the news ...   Nov 19 2011, 01:55 AM
- - CanRay   Or, apparently, entertainment shows that try to pa...   Nov 19 2011, 02:03 AM
- - Backgammon   Unrelated to Olympus (by the way, making cameras i...   Nov 20 2011, 12:55 PM
- - hobgoblin   Seems to confirm that the worst scum come dressed ...   Nov 20 2011, 04:19 PM
|- - Wounded Ronin   QUOTE (hobgoblin @ Nov 20 2011, 12:19 PM)...   Nov 20 2011, 05:17 PM
|- - CanRay   QUOTE (hobgoblin @ Nov 20 2011, 12:19 PM)...   Nov 20 2011, 05:24 PM
|- - 3278   QUOTE (hobgoblin @ Nov 20 2011, 05:19 PM)...   Nov 21 2011, 01:12 AM
- - Snow_Fox   Russia's an amazing mess, add in graph and pol...   Nov 21 2011, 02:48 AM
- - hobgoblin   Expect Iraq to go the same way, being the latest n...   Nov 21 2011, 03:01 AM
- - CanRay   Watch Europe start the Eurowars soon as economies ...   Nov 21 2011, 06:21 AM
|- - Snow_Fox   QUOTE (CanRay @ Nov 21 2011, 01:21 AM) Wa...   Nov 24 2011, 04:57 PM
|- - hobgoblin   QUOTE (Snow_Fox @ Nov 24 2011, 05:57 PM) ...   Nov 24 2011, 09:56 PM
|- - Brazilian_Shinobi   QUOTE (hobgoblin @ Nov 24 2011, 06:56 PM)...   Nov 25 2011, 12:35 AM
|- - hobgoblin   QUOTE (Brazilian_Shinobi @ Nov 25 2011, 01...   Nov 25 2011, 12:39 AM
- - hobgoblin   War, good for capitalism as long as the factories ...   Nov 22 2011, 07:00 PM
- - Brazilian_Shinobi   It starts with Germany and France invading Greece ...   Nov 22 2011, 07:02 PM
|- - CanRay   QUOTE (Brazilian_Shinobi @ Nov 22 2011, 03...   Nov 22 2011, 08:37 PM
- - hobgoblin   Nah, why would they when they have gotten right-wi...   Nov 22 2011, 08:07 PM
- - CanRay   Fear my 1337 ninja powers! EDIT: It helped...   Nov 23 2011, 04:27 PM
- - CanRay   Not nearly enough, why do you ask?   Nov 24 2011, 11:30 PM
- - CanRay   DumpShock the Drinking Game?   Nov 25 2011, 12:36 AM


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