Olympus names board member as new president

Somebody missed the train, I see. That happens when you dilly-dally all the time.

The banks, who are the major shareholders and loan arrangers of Olympus, increase their power here, while at the same time ensuring no-one will look too closely at the misdeeds of their previous executives; after all, they've resigned now.

Shame that they didn't stick with the only guy who seemed to have a clue... But I guess that just would have been too much for Japan to accept after everything.

Three current board members, including Sasa, were nominated to lead the company, while six other outside directors were also appointed to the task of rebuilding the under-fire camera and medical equipment maker.

So everyone got a job back. That is such bad punishment.

He looks about as trustworthy as a Y13 coin.

And which Bank is Olympus`s largest creditor?......Oh the bank that Kimoto works for, now there is a surprise.

Looks like he has an expensive face. Too many nights in pubs, clubs and other places of the night. Great choice Olympus.

Suggest a more age and executive appropriate hair style.