Tepco head quits after $15bn loss (via moneyblogforexblog)

Accountability, how strange. I have doubts that such a poor performance would always cost the job of an American CEO. We have learned to insulate our governing and corporate classes from the petty pain of suffering for their actions.

The president of Tepco, which operates the crippled Fukushima nuclear power plant, resigns as the firm reports a $15bn loss.ge finance business intelligence … Read More

Here’s a news story about the resignation.

Here’s another take on the issue, discussing whether or not the company can continue.