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Pioneering Japanese Firm Admits to Accounting Cover-Up

Posted November 8th, 2011 at 6:30 am (UTC-5)
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The future of Japanese technology giant Olympus is in doubt after the company revealed it hid massive losses on securities investments dating from the 1990s. The admission sent Olympus’ stock plunging by 29 percent to its lowest mark in 16 years. Observers say the revelations could lead to the 92-year-old company being delisted from the […]

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