The Japanese prosecutors are about to hammer in the final nail into the Livedoor coffin. Looks like Horie is going to spend the next few months and years behind bars. What will he do once he is released from jail? Hop onto his private jet and fly off to Switzerland and live off his ill-gotten gains? Or will launch another Internet company and rebuild his name and image? Regardless of what he chooses to do, the only people who will suffer are his shareholders and employees. A sad day in Tokyo. And an even sadder day at Roppongi Hills.
Read NY Times.
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