My Weekend

Well on Saturday I read in the newspaper that Horie (Livedoor) got 2 1/2 years. I wounder how much time he will do in jail. Normally in Japan company executives don't do jail time. Horie just made some of the Old Boy Network mad. He was making too much money, too fast.

I think 99 percent of Japanese companies do the same things he did. But he made the mistake of taking advantage of the lose rules companies have to follow. Because of Horie maybe the government will close the loopholes that many companies use too make money or make it seem they are making when they are losing alot.
A good example is the stock trading company Nikko (I believe that is the name) they were raided by the police but then later the charges were dropped because of lack of evidence... Yeah right. They were about to be bought by an American company. That didn't set will with the Old Boy Network, so someone pull the strings and had the case dropped. But it may be too late.

Anyway...
In my world not much happening. It seems I going to be the owner of a K-car. It is pretty nice. I have given in to the powers of my wife. She has been wanting one for a very long time. Now that we bought a house in the Burbs of Yokohama she makes many good points. I just did want to buy a car in Japan yet. It will only get driven on the weekends. But I think it will be nice not having to go by bus everywhere. Other than that not much happening here.

If you would like to post a comment to my posts, please feel free.

Matane... Dennis