What is it?
Marty4650: If only Woodford had kept his fat mouth shut!
Lets kill the messenger!
Nobody does honest thing on the world, only whether they are discovered or not.
Elleyyh, I really wish I'm living in the simple world as my father.
erichK: Woodford... The amount of publicity he has managed to gain is incredible. Everything from plots on his life to to the nightmares of his wife.
Woodford rose by slashing staff to maximize profits at the UK, rose to head Oly in Europe and was likelu brought to Japan, to do the same thing.
He used his 2 week CEO position to investigate dubious past acquisitions and the resutling report to demand that he replace as head. Instead, he was fired. He deserves credit for uncovering these transactions,. Olympus heads lied to shareholders and did things that had become illegal. A great deal of money was written off in strange ways. More is unaccounted for and there may even be a Yakuza coonection.
This does not automatically mean that crowing Woodward and firing 20 + directors, some likely technically expert and uninvolved in what was going on is the best way forward.
A week ago, W talked about retiring. Now, he is again gunning for the top. Let's wait for the auditors report!.
Dear Erichk, I completly agree with you. There are numerous crimes happens in our world every minutes, some are being recognised but many are not, some are being punished but most are not. We should persude people not doing things under table. For a normal citizen, I wish I am being treated fair, my surrounding envirnment keeps clear and open. As a share holder, earning or loss is everyday business. I wish I am not being cheated with wrong information only. About auditor report's matter, there were already 2 previous report mention about it but not care but the broad, TSE or the governement. I think I may miss if I look people on their career, status or achievement. I always think people in high place had done something to let them in high place, of course I am always wrong.
Detected such a huge crime in just 2 weeks.Woodfored is a genius.
Ashley Pomeroy: "In a board meeting last week attended by Woodford" - that must have been a jolly occasion. It would be fascinating to know how they arranged the seating, because no-one would want to sit next to him. There's probably a memo somewhere - bashed out with corporate lawyers - outlining the minimum chair distance between Woodford and the next executives along, and the chairs were probably bolted into place so that there was no chance of them moving any closer.
Along similar lines, isn't Nikon actually dominated by its industrial chip manufacturing business? And Canon has its printers and so forth, and Leica probably makes more money from the name than from its cameras. Does any company actually make a profit purely from making and selling cameras?
I will not sit beside a police if I'm a criminal.
No matter the sake of Woodford, he disclosed the dirty things of the broad.One of the biggest 5 camera maker 30 years ago, it lost it market share now. The director broad should take the responsibility and resign.As one the trusted company, it make lies to its shareholders and its penality is death. What will happen if Obama doning the same thing for 20 years (if possible)?
I saw the real cameras in HK, very ugly especially v1.
I even had no intention to pick it up ti use.