Not again, sigh

Posted on January 24, 2006
Filed Under Uncategorized |

You know you are in a bubble when executives start getting arrested.

(Takafumi) Horie, together with Chief Financial Officer Ryoji Miyauchi and Director Fumito Okamoto, were arrested late Monday. Soon after, the Tokyo Stock Exchange moved to shift trading of Livedoor stock and Livedoor Marketing to its supervision post — a step that makes delisting faster should the exchange decide to do that.

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