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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 210.78-4.8%Dec 12 9:30 AM EST

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To: Paranoid who wrote (164447)7/10/2005 8:05:48 PM
From: aleph0 of 275872
 
/ shame and disgrace in Japan./

The Japanese are very canny businessmen in that the "disgrace" is in getting caught ( not "just" Intel, but the J5 as well ).

Remember when the biggest Jap bank collapsed - the boss ( forgotten his name ) was weeping in front of the cameras - thoroughly disgraced.
Before the facts came out - he wasn't weeping !

From what I learnt sharing an office for 2 years with a high ranking Japanese businessman ( that was 30 yrs. ago ) and many dealings with Japanese companies, I can say that this JFTC thing will cost a BIG loss of face - for Intel in particular.

The penalty was a nominal 30K$ - but the real penalty was that the JFTC publicly said that Intel is at fault and must change their ways = loss of face.
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