Word: hamanaka
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...with their workaday portions of milk, rice, salad and mandarin oranges: marinated, deep-fried fillet of whale. The greasy feast was one of 704 similar lunches the board has provided to 339 schools in the prefecture since January 2005. "Reaction from parents has been uniformly positive," declared principal Yukio Hamanaka. Ditto for the students, who played paper-rock-scissors to divvy up seconds...
...Yasuo Hamanaka Sumitomo Bank?s chief copper trader racked up losses of $2.6 billion in unauthorized deals over 10 years. He pleaded guilty to forgery and fraud, and is serving eight years in a Japanese prison...
TOKYO: Former Sumitomo trader Yasuo Hamanaka, whose staggering losses roiled the world's metal markets and raised serious questions about how Japanese firms are run went on trial Monday and, as expected, pled guilty. Hamanaka is charged with forgery and fraud that left his firm $2.6 billion in the hole. Prosecutors say Hamanaka forged the signatures of two of his superiors to cover his massive trading losses, swindling a Sumitomo subsidiary out of $770 million. Sumitomo's star trader is the only person charged and faces up to 15 years in prison. British and U.S. investigators are continuing separate probes...
ARRESTED. YASUO HAMANAKA, 48, former copper dealer for Japan's Sumitomo Corp., who lost an estimated $2.6 billion in allegedly unsanctioned trading; on suspicion of forging two documents to authorize his transactions with a Merrill Lynch dealer; in Tokyo...
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