Word: hashimoto
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Dates: during 1990-1999
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...Office meeting began. The Japanese were still balking. Clinton sat at his desk with chief of staff Erskine Bowles at his side. National Security Adviser Sandy Berger, Deputy Treasury Secretary Lawrence Summers and White House economic adviser Gene Sperling discussed whether the President should talk to Prime Minister Ryutaro Hashimoto. Rubin was off to one side, pacing quietly. Asked for his recommendation, he ran his fingers through his hair, then somberly replied that intervention by itself would accomplish little. What really mattered was concrete Japanese actions. He headed back to Treasury. At 9 p.m., a Rubin aide called the White...
Secretary of the Treasury Robert Rubin and President Clinton see fundamental flaws in a system that has led to banks facing more than $600 billion in bad or doubtful debt. But Prime Minister Hashimoto and top Japanese financial officials are in "stimulus package" mode, not "major restructuring" mode. As one young Japanese entrepreneur told me, if the trade negotiators craft a plan wherein no one is required to take responsibility for the flaws in the Japanese economic structure, "we'll do it." Otherwise, it is likely that nothing much will happen in terms of change...
...comfort in South Asia, whose leaders already know how domino-like recessions can be. First to tumble will likely be Malaysia, which was hoping for a low-interest $1 billion or $2 billion loan from its Far East financier. Fat chance of that now. And Japan itself? Prime Minister Hashimoto easily survived a no-confidence vote Friday -- but when it comes to the elections next month, all bets...
Regardless of what else is said about Monica Lewinsky, BILL CLINTON can be thankful that it's never been suggested that she is a Chinese spy. RYUTARO HASHIMOTO is not so lucky. For months Japan's Prime Minister has been dogged by rumors that while he was a Cabinet official in the 1980s, he consorted with a Chinese woman who was an agent for Beijing. Although he has refused to answer any questions about how close they were, Hashimoto last November admitted that the woman had interpreted for him and that he had written her and bought her a meal...
...evidence that the woman was a spy is a little shaky. But last week the opposition Democratic Party of Japan announced it would launch an investigation of the relationship and of the woman. Result: a lot of questions -- why was Hashimoto using a Chinese, not a Japanese, interpreter? how did the woman subsequently get Japanese citizenship so easily? -- are being raised, and loudly...