Olympus Corp in real trouble

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

"the 92 year old Company...failed to disclose investment losses from the 1990s and then tried to clean up its books using four acquisitions made decades later."

At least they tried to clean it up! And isn't there irony that the investors now are all upset, but they were reaping the benefits of Olympus' lies for the past 20 years. At least the investors were benefiting if they sold before now.

I guess it is a risk to buy an Olympus camera now, because it may be difficult to get Olympus equipment repaired if Olympus goes out of business. But I hope, like others have expressed, that the Olympus cameras will continue under another owner.

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