Toshiba Might Sell Majority Of Semiconductor Business Following $6.3 Billion Nuclear Loss

Posted by $ nickursis 7 years, 2 months ago to Business
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An interesting case in how manipulation, our dysfunctional accounting system and management can screw up a producer company. Toshiba was a really good, efficient producer until they went off the rails with Fukishima. Probably the first of many victims, all due to a seawall at 15 feet instead of what the scientists said should have been 30 or 40 feet high....Tepco will fold soon as well...
SOURCE URL: http://www.tomshardware.com/news/toshiba-nuclear-chairman-loss-semiconductor-spin-off,33660.html


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