Word: suganuma
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...largely due to vastly reduced government spending on graft-prone public-works projects. With easy money harder to get, gangsters may be more likely to resort to strong-arm tactics as they fight for scraps. "The Nagasaki shooting is a harbinger of what's to come," says Mitsuhiro Suganuma, a former high-ranking agent with Japan's Public Security Intelligence Agency. "Their activities will become a lot more violent, and a lot more dangerous...
...spending to fuel local growth-are being squeezed. Increasingly desperate, they are turning up the heat on local officials to extort more money from a shrinking pool. "There are a lot of hidden tragedies involving yakuza-related organizations and bid rigging that never come out in the press," asserts Suganuma...
...ordinary citizens, including a 4-year-old boy. It is high time for the U.S. and the world to rethink whether the Iraq war is still a fight for liberty and justice. If we fail to face the question, atrocities like the one in Haditha will happen again. Kayoko Suganuma Nagoya, Japan...
Yoshizane Iwasa, president of the Fuji Bank, which is Japan's largest, found himself held to account for an embezzlement by a minor loan officer in a Tokyo branch. Masao Suganuma, 41, was arrested for taking $5,270,000 through phony loans. Once word got out, President Iwasa was summoned before the finance committee of Japan's Diet to explain and apologize. Last week the bank's board, of which Iwasa is a member, cut the pay of Iwasa and other officers and directors by as much as 30% for the next six months. The directors canceled...
...embezzlement, the bank's profit for the two quarters came to only $30 million, down 1.3% from the same period last year. It was the first earnings drop in six years. Though all but $2,000,000 of the embezzled funds will eventually be recovered from Suganuma, members of Japan's financial community figure that the incident will continue to have a profound effect on Fuji Bank's leaders...
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