Friday, 11 November 2011

Olympus used inflated deposits to mask losses: Nikkei

(Reuters) - Investigations into scandal-hit Olympus Corp revealed an elaborate scheme for concealing losses on risky bets behind a facade of inflated bank deposits and securities holdings, The Nikkei reported.


Source: http://mf.feeds.reuters.com/c/871/f/435411/s/1a0291db/l/0L0Sreuters0N0Carticle0C20A110C110C110Cus0Eolympus0Enikkei0Ef0EidUSTRE7AA2OJ20A1111110DfeedType0FRSS0GfeedName0FtechnologyNews/story01.htm

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