Olympus Corp in real trouble

Started Nov 8, 2011 | Discussions thread
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Re: Olympus Corp in real trouble
In reply to Richard Briscoe, Nov 9, 2011

In the case of Olympus, it appears that the company has simply blown through a lot of cash on bad acquisitions and covered it up to protect the individuals involved.

Initially, yes, it did look a little like that, but it has moved on a long way from there to 20 years worth of crooked books.

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