Thursday, March 26, 2009

Hmmm...

Yet another high-level government official resigns. It's becoming a trend in this country!

http://home.kyodo.co.jp/modules/fstStory/index.php?storyid=430200

I'm really not sure what is "borderline" about this at all. An elected government official sells $6 million worth of stock in a company his brother owns in a private deal at almost twice the market price, all while he is supposed to be prohibited from trading stocks because he is a ministry (of finance, no less!) official? Sounds pretty clearcut to me. I do find it funny, however, that there is no penalty for breaking this rule...

I might start taking bets: "Which high-level official will resign next?!" Anyone up for it? Ha ha.

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