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TEPCO officials are thinking through the prism of their balance sheet and potential corporate survivability. To accept that even units 1-4 are lost except for liability is hard for them to get their minds around. They are not samurai and would not find seppuku an acceptable out.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Mar 30th, 2011 at 01:00:53 PM EST
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Their balance sheet is bust and we have foreseen it would be from the first week of the disaster.

So, in what may be my last act of "advising", I'll advise you to cut the jargon. -- My old PhD advisor, to me, 26/2/11
by Carrie (migeru at eurotrib dot com) on Thu Mar 31st, 2011 at 02:55:38 AM EST
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