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Olympus Corp in financial trouble?

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mcammer

Olympus Corp in financial trouble?

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"Japanese officials say that at least $4.9 billion is unaccounted for in a financial scandal at Olympus<http://topics.nytimes.com/top/news/business/companies/olympus_corporation/index.html?inline=nyt-org> and are investigating whether much of that money went to companies with links to organized crime."
http://www.nytimes.com/2011/11/18/business/global/japanese-police-investigate-olympus.html?_r=1&scp=3&sq=olympus&st=cse

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Michael Cammer, Assistant Research Scientist
Skirball Institute of Biomolecular Medicine
Lab: (212) 263-3208 Cell: (914) 309-3270

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Martin Wessendorf-2

Re: Olympus Corp in financial trouble?

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Michael et al--

On 11/18/2011 11:28 AM, Cammer, Michael wrote:

> "Japanese officials say that at least $4.9 billion is unaccounted for in a financial scandal at Olympus<http://topics.nytimes.com/top/news/business/companies/olympus_corporation/index.html?inline=nyt-org> and are investigating whether much of that money went to companies with links to organized crime."
> http://www.nytimes.com/2011/11/18/business/global/japanese-police-investigate-olympus.html?_r=1&scp=3&sq=olympus&st=cse

I've seen these reports, too, over the past few weeks. However,
although it seems quite likely that their stockholders will be unhappy
with them, it's unclear (to me, at least!) that the company is in
financial trouble yet.

Disclaimer: I'm definitely not a certified financial advisor!

Martin Wessendorf
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Assoc Prof, Dept Neuroscience lab: (612) 624-2991
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