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Japan - Executive involved in Livedoor deals found dead
Kyodo News (Japan) | January 18, 2006

Posted on 01/18/2006 7:57:26 PM PST by HAL9000

The vice-president of HS Securities, which was involved in corporate takeover deals by internet firm Livedoor, has been found dead.

Police suspect that the executive, Hideaki Noguchi, 38, committed suicide.

HS Securities was among the companies raided by the special investigation squad of the Tokyo District Public Prosecutors Office in connection with investigations into alleged fraudulent practices by Livedoor and its group of companies.

The Tokyo-based securities house is led by Hideo Sawada, founder of major travel agency H.I.S. Company.



TOPICS:
KEYWORDS: hssecurities; japan; livedoor; tokyostockexchange; tse

1 posted on 01/18/2006 7:57:31 PM PST by HAL9000
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To: HAL9000
Yesterday - Selling stampede shuts down Tokyo stock market
2 posted on 01/18/2006 7:58:41 PM PST by HAL9000 (Get a Mac - The Ultimate FReeping Machine)
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To: HAL9000
The guy is dead as a doornail but some well-connected people feel the Livedoor thing really had nothing to do with the Nikkei situation. It was a red herring. No one cared before and now one cares now what happens to the Livedoor company. Condolences to his family, however.
3 posted on 01/18/2006 8:02:57 PM PST by steve86 (PRO-LIFE AND ANTI-GREED)
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To: HAL9000; Admin Moderator
For what it is worth, this is indeed a story from a major news source.

The link to the Kyodo story is here:

http://home.kyodo.co.jp/modules/fstStory/index.php?storyid=225279

4 posted on 01/19/2006 3:19:30 AM PST by snowsislander
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