Passport : Tom Ricks : Dan Drezner : Stephen Walt : David Rothkopf : Marc Lynch
The Cable : Madam Secretary : Shadow Govt. : The Argument : The Call
For real corporate apologies, go to Japan
Think Richard Fuld didn't humiliate himself enough yesterday?
Appearing before Rep. Henry Waxman's House Committee on Oversight and Government Reform Monday, the Lehman Brothers CEO said he felt "horrible" about his company's collapse, adding, "I wake up every single night wondering what I could have done differently."
"Your company is now bankrupt and our country is in a state of crisis," Waxman asked. "You get to keep $480 million. I have a very basic question: Is that fair?"
Ouch. Pretty embarrassing, right?
Well, this is how they do corporate apologies in Japan:
That's via James at Japan Probe, who explains that the man in the video is president of a study abroad company that went bankrupt.
UPDATE: I'm not sure if this kind of stuff happens in Japan, however.












Recent comments
3 hours 54 min ago
4 hours 1 min ago
4 hours 44 min ago
7 hours 50 min ago
9 hours 9 min ago
9 hours 11 min ago
13 hours 17 min ago
20 hours 17 min ago
1 day 1 hour ago
1 day 1 hour ago