Word: mitsubishis
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...Rockefeller Center may not be the biggest financial real estate loss for the Japanese," says New York bureau chief John Moody. "But it's certainly the most embarrassing flop yet." Today, Mitsubishi Estate Co. announced it is surrendering its almost $2 billion stake in the12-building Rockefeller Center, and, in the process, divesting the Rockefeller family -- which owns 20 percent of the center -- of its remaining ties to the landmark. Mitsubishi will transfer title to Rockefeller Center Properties Inc., the trust that holds the $1.3 billion mortgage. The Mitsubishi decision is the latest of several ill-fated high profile real...
...Japan's leading commercial banks, the Bank of Tokyo and Mitsubishi Bank, announced that they were discussing merger plans expected to lead to the creation of the world's biggest bank next year. Said a bank-stock analyst: "It's like marrying the two most beautiful people in the world." The new behemoth, with $823 billion in assets, would be 50% larger than the current biggest bank, Japan's Sumitomo, and would dwarf America's top-ranking Citicorp, with its mere $250 billion in assets...
...year-old Kiyoshi Kariya tried to prevent his cult-member sister, a wealthy widow, from giving Aum the building in which his office was located. The sister disappeared, and shortly afterward an Aum member questioned Kariya on her whereabouts. On Feb. 28, four young men jumped out of a Mitsubishi van and grabbed him. He has not been seen since. When police found a similar van with traces of Kariya's blood in it and the fingerprints of sect members, they issued a warrant for the arrest of a high-ranking cultist...
...Mitsubishi officials could not be reached forcomment yesterday...
...left out the part on campus recruitment,and the option has been brought up that the EACmay provide information to the office of CareerServices about Mitsubishi's practices," Peggarsaid. "We're definitely not trying to negativelyaffect students...