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This was TEPCO's Vice President.

Are we to understand the President is still AWOL?

Economics is politics by other means

by Migeru (migeru at eurotrib dot com) on Mon Apr 4th, 2011 at 12:25:43 PM EST
[ Parent ]
From a couple of days ago

Tepco Chief Pressured to Quit After Costing Holders $29 Billion - Bloomberg

Shimizu hasn't faced reporters since attending a March 13 press conference. He has been taking the lead at the company's head office in central Tokyo in leading Tepco's response to the incident, spokesman Takeo Iwamoto said March 24. Yoshimi Hitosugi, another Tepco spokesman, declined requests for an interview with Shimizu for this article on March 25, citing his focus on the situation at the plant.

Shimizu became ill "through overwork" for a few days after March 16, and has since recovered, spokesman Kazufumi Suzuki said yesterday.

however some people have their priorities seriously out of whack

Tokyo Electric Power Co. President Masataka Shimizu is facing calls to quit after the crisis at the utility's Fukushima Dai-Ichi nuclear plant capped a tenure that has seen $29 billion wiped off the company's market value.

The share price decline since Shimizu took charge in June 2008 at Tepco, as the company is known, has deepened to 73 percent in the aftermath of the nuclear disaster, as of today's close in Tokyo. That's the worst performance of any of the 88 members of the MSCI World Utilities Index and of the 17 companies in the Topix Electric Power & Gas Index.

Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Mon Apr 4th, 2011 at 12:43:13 PM EST
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