Word: kakuei
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...with a traditional hand-clap ceremony last week as share prices closed at record levels. But their applause could not drown out the rising furor over a stock scandal that has already toppled several of Japan's leading business and political figures. Not since former Prime Minister Kakuei Tanaka was convicted of taking bribes from Lockheed during the mid-'70s have the Japanese been so shaken by disclosures of official wrongdoing. As the scandal spreads, it threatens to tarnish Japan's image abroad and to undermine the country's confidence in its businessmen and politicians...
...incarnations with a new play, Slam the Door Softly, that was characteristically full of tart one-liners ("I don't want alimony; I want severance pay"). A year later she held a reception for President Richard Nixon at her oceanfront estate in Honolulu before he met with Prime Minister Kakuei Tanaka of Japan. Luce held no position, official or otherwise, with the magazines her late husband founded, but she did not hesitate to let their editors know when she disagreed with them. In 1974, rallying behind an embattled Nixon, she castigated TIME in an unusually stinging letter that denounced...
Among the six L.D.P. factions, several ambitious party leaders would no doubt like to replace Nakasone as Japan's Prime Minister. One of the top three contenders: Finance Minister Noboru Takeshita, 62, who belongs to the large faction of ailing former Prime Minister Kakuei Tanaka. Though Tanaka was convicted in 1983 on charges of accepting a $1.6 million bribe from Lockheed in 1977, his faction remains very powerful...
HOSPITALIZED. Kakuei Tanaka, 66, Prime Minister of Japan from 1972 to 1974 and continuing political power broker; in improving condition after a stroke; in Tokyo. Despite a 1983 bribery conviction stemming from the Lockheed Corp. case, now being appealed, Tanaka retained nearly complete control over the Liberal Democratic Party, backing incumbent Prime Minister Yasuhiro Nakasone last year for a second term. In recent months, however, his authority has been under attack, and if his health further reduces his influence, Nakasone's position will be at risk...
Those labors paid off. After he promised to reform the party and eliminate the influence in it of tainted former Prime Minister Kakuei Tanaka, the L.D.P. elders agreed to back Nakasone for Prime Minister when the new Diet convenes this week. But choosing a Cabinet and awarding committee posts will be more difficult and time consuming as each L.D.P. faction makes its deal with him in return for its support. Nakasone must then cope with the opposition. The Socialist Party, under its energetic new leader, Masashi Ishibashi, 59, strengthened its position as the mam opposition party by picking up eleven...