Ghosn's handling by the Japanese is utterly despicable. No habeas corpus ... no due process.
Ghosn is credited with a stunning corporate turnaround and creating billions of dollars of value for a Japanese company and the Japanese people. I am certain foreign corporations who do business in Japan are thinking long and hard about the implications and potential risks of operating there.
To be clear - I am not saying Ghosn is innocent. He may very well have created special corporate structures to siphon off cash - and if he did, he certainly didn't do it alone. I think he regretted not taking the helm of GM where he saw US top execs easily earning $20, $30mm a year with no complaints from the public...
Ghosn is credited with a stunning corporate turnaround and creating billions of dollars of value for a Japanese company and the Japanese people. I am certain foreign corporations who do business in Japan are thinking long and hard about the implications and potential risks of operating there.
To be clear - I am not saying Ghosn is innocent. He may very well have created special corporate structures to siphon off cash - and if he did, he certainly didn't do it alone. I think he regretted not taking the helm of GM where he saw US top execs easily earning $20, $30mm a year with no complaints from the public...