What Is The True Story Behind Nissan And The Fall Of Carlos Ghosn?

If you’re a business leader living in Japan who can speak English, there’s no doubt you heard about the fall of Carlos Ghosn. Mr. Ghosn, the Lebanese born, Brazilian raised, French leader was famous in Japan for coming in and cutting costs to help Nissan from the brink of bankruptcy.

Ghosn and Michael Kelley, his close lieutenant, were arrested in Tokyo for lying about their finances. The Western media and many highlighted the fact that Japan prosecutors can basically hold someone indefinitely while they investigate an issue (without filing charges). Truly, this is a problem, but Japan is famous for being a safe and orderly country for a reason.

What exactly happened to Carlos Ghosn?
Early on, in November 2018, there was a lot of speculation about how the former icon was arrested. However, the Wall Journal took a deep dive into investigative reporting to flush out the facts. You can read that for yourself here. But what exactly happened?  Here’s a quick compilation we did here in country via Japanese and foreign readily available information.

  • Ghosn overstayed his welcome as the boss of Nissan. 63 years old.
  • Ghosn overstayed his welcome @ Renault as well, causing hopeful successors to leave the company and creating a leadership vacuum
  • Ghosn was under pressure in both Japan and France not to show too much income as both societies look down on over-paid CEOs (ie. American companies such as Tim Cook @Apple, Robert Iger @ Walt Disney, Mark Hurd @Oracle, Brian Duperreault @AIG to name a few)
  • Ghosn began to live on Nissan’s money, with houses in Lebanon, France, and Brazil and expensive jets to fly him there.
  • Ghosn represented a move to make a major Japanese company subservient to a lesser French company they felt was a parasite on their performance (despite financing the return from the brink of bankruptcy years earlier.
  • A European shell company was made to move around Nissan money.
  • Ghosn was trying to hide income. Never mess with the tax man.

Some people outside Japan assume that he was arrested for being a non-Japanese. That’s just completely wrong.  The fact of the matter in Japan, you don’t want to get on the wrong side of the law whether you’re local or international (ex. Mr. Horie of Livedoor). The conclusion from those of us in business in Japan is that the Ghosn case will not decrease the number of non-Japanese CEOs working in Japan.  It will just make people a bit more sensitive about how they try to move money around.

No doubt the Ghosn story will continue to unfold. His detention has been extended again. He should be taken to trial, not under continued arrest without charges. However, if you’re at a publicly traded company, you’d better not be gray with the corporation’s finances.

Philippine President Rodrigo Duterte Not Interested In Meeting Barak Obama

Rodrigo Duterte (Photo- Courtesy Reuters)

(BrightCitizen.com)  Like most Americans, many world leaders have lost respect for Barak Obama..The lame-duck US president infamous for championing trans-sexual bathrooms in the US criticized President Duterte’s leadership and tough stance against drug dealers and pushers in his home country.

But the Filipino leader did not take kindly to that notion, saying Obama had better think twice about raising the issue of the killings.
“Who does he think he is? I am no American puppet. I am the president of a sovereign country and I am not answerable to anyone except the Filipino people,” Duterte scoffed in a speech Monday. “Son of a b****, I will swear at you.”

Drugs are a major issue in the world and world ledader

The Philippines War On Drugs
Since Duterte was elected, more than 1,900 people have died, including at least 700 in police operations that were part of the president’s hardline war on drugs.
“Double your efforts. Triple them, if need be. We will not stop until the last drug lord, the last financier, and the last pusher have surrendered or put behind bars — or below the ground, if they so wish,” Duterte said during his State of the Nation speech on July 25.

Obama Also Snubbed By The Chinese
Dueterte was not the only world leader to blow off Barak Obama. Chinese took away the red carpet when the US president’s plane arrived at the airport. They did other things to show their displeasure with the incompetent leader’s visit.

Is Catholicism A Religion, Christian, Or Something Else?

If you are a Jesus follower, you will know that if a church is built solid on Biblical principles and filled with the power of the Holy Spirit (and demonstrated by the gifts of the Spirit), then the denomination can really be irrelevant. You can go to any church.

The recent resignation of the Catholic church’s top leader, the pope, reveals how Catholics and the Rome church sees itself.

—-

11.15am GMT
The Vatican Radio website has the full text of the pope’s statement today. Here it is in full:

Dear Brothers,

I have convoked you to this Consistory, not only for the three canonisations, but also to communicate to you a decision of great importance for the life of the Church. After having repeatedly examined my conscience before God, I have come to the certainty that my strengths, due to an advanced age, are no longer suited to an adequate exercise of the Petrine ministry.

I am well aware that this ministry, due to its essential spiritual nature, must be carried out not only with words and deeds, but no less with prayer and suffering. However, in today’s world, subject to so many rapid changes and shaken by questions of deep relevance for the life of faith, in order to govern the bark of Saint Peter and proclaim the Gospel, both strength of mind and body are necessary, strength which in the last few months, has deteriorated in me to the extent that I have had to recognise my incapacity to adequately fulfil the ministry entrusted to me.

For this reason, and well aware of the seriousness of this act, with full freedom I declare that I renounce the ministry of Bishop of Rome, Successor of Saint Peter, entrusted to me by the Cardinals on 19 April 2005, in such a way, that as from 28 February 2013, at 20:00 hours, the See of Rome, the See of Saint Peter, will be vacant and a Conclave to elect the new Supreme Pontiff will have to be convoked by those whose competence it is.

Dear Brothers, I thank you most sincerely for all the love and work with which you have supported me in my ministry and I ask pardon for all my defects. And now, let us entrust the Holy Church to the care of Our Supreme Pastor, Our Lord Jesus Christ, and implore his holy Mother Mary, so that she may assist the Cardinal Fathers with her maternal solicitude, in electing a new Supreme Pontiff. With regard to myself, I wish to also devotedly serve the Holy Church of God in the future through a life dedicated to prayer.

From the Vatican, 10 February 2013

BENEDICTUS PP XVI

Updated at 11.15am GMT

Accommodating The Enemy, Dealing With Terrorists

(BrightCitizen.com)  They plotted to kill not soldiers, but civilians of the United States of America.  There is no remorse, if released many have said they’ll do it again.  So what do the misguided leaders of the Obama administration do?  They put these murderers on trial.  Trial is not usually a way you deal with your enemy who wants to kill you.

To make matters worse, political correctness has weakened the United States.  Must we even dress like the enemy and talk like the enemy?  The media reports

The defense attorney who wore a traditional Islamic outfit during the rowdy arraignment of the accused Sept. 11 terrorists is defending her courtroom appeal that other women in the room wear more “appropriate” clothing to the proceedings — out of respect for her client’s Muslim beliefs.

Cheryl Bormann, counsel for defendant Walid bin Attash, attended the arraignment Saturday dressed in a hijab, apparently because her client insisted on it. She further requested that the court order other women to follow that example so that the defendants do not have to avert their eyes “for fear of committing a sin under their faith.”

Americans might as well give they freedom away now.  They are so busy trying to give freedom away, their freedom has enslaved them.

No Comfort For Japan and Korea’s Governments On Some Past Issues

(BrightCitizen.com)  It seems like a perennial issue to new governments in Japan and Korea.  Japan colonized Korea for 60 years.  They did many bad things.  One issue that seems to come to the front each cycle is the issue of comfort women.  Comfort women were Korean women used as sex slaves by the Japanese Imperial Army.

The Nikkei News Service of Japan reported last week that

In their talks in Kyoto, Noda, who has worked to deepen friendship with Seoul since taking the helm on Sept. 2, said the issue of the women, euphemistically called ”comfort women” in Japan, has already been ”settled,” but added that efforts are being made from a ”humanitarian standpoint.”

Most of Lee’s remarks were about the politically sensitive issue, with 40 minutes of the hourlong talks devoted to the topic, the South Korean presidential office said, raising concern that Lee’s unexpectedly strong focus on the issue could make it difficult for the two countries to promote ”future-oriented” bilateral relations.

At the outset of their meeting at the Kyoto State Guest House, Lee called on Noda to have ”sincere courage to resolve preferentially the issue, which is an obstacle to bilateral relations.”

Prime Minister Noda and the Japanese government see the issue as resolved via efforts to financially support the women that were sexually abused by the Japanese Imperial Army.  However it is clear the Koreans don’t see it that way.  They want financial settlement and last week erected a statue dedicated to comfort women in front of the Japanese Embassy in Seoul.  The Nikkei went on to say

During Sunday’s summit talks, Noda voiced regret over the statue and reiterated Japan’s call for it to be removed as soon as possible.

But Lee warned that ”a second and third statue would be set up” unless Japan takes ”sincere” measures over the matter, according to the South Korean presidential office.

Some see South Korea’s President Lee attempts to blow up the issue as a grab to get more support from people in Korea regarding other issues.

Are there really issues that need to be resolved or it this a attempt to get money for the victims as well enhance the approval rating?  It may be a long time before we find out….

Is Russia’s Prime Minister Vladimir Putin A Dictator?

(BrightCitizen.com)  The former KGB agent makes fun of protests in Moscow complaining of election fraud.

“Frankly, when I looked at the television screen and saw something hanging from someone’s chest, honestly, it’s indecent, but I decided that it was propaganda to fight Aids – that they were wearing, pardon me, a condom,”

Apparently, many things have happened that seem to indicate Putin is not for a free Russia.  Putin instigated a questionable jailing of one of Russia’s most successful businessmen, Mikhail Khodorkovsky in 2003 for tax evasion. There seems to be a rising sense of dissatisfaction among the people that Putin’s self promotion as a tough guy (search on the internet under his name for pictures) and old controlling and deceiving KGB ways could be coming back out to rig the elections.

Is Putin a dictator?  It seems like many are thinking he is going that direction.  We hope not.

Japanese Prime Minister Noda Declares Nuclear Plants In Fukushima Finally In Cold Shut Down

(BrightCitizen.com)  The nuclear accident caused by the East Japan earthquake and tsunamis has been raging for months.  Japanese officials had denied the gravity of the accident, but months ago it was discovered that the Fukushima complex went through 3 nuclear meltdowns.

“The nuclear reactors have reached a state of cold shutdown and therefore we can now confirm that we have come to the end of the accident phase of the actual reactors,” Mr Noda told a news conference

“The Japanese government promises to clarify the roadmap from here and do our utmost, while ensuring we operate the nuclear reactors as safely as possible, to decommission them.”

The “battle is not over”, he said, adding that the next phase would focus on the clean-up operation, including decontaminating the ground around the plant.

The BBC reports.  The battle is not over is probably an understatement.  However life in Tokyo and much of Japan has apparently turned back to normal.  The real challenge for Japan will be for businesses that in coming months may not have the power to fuel normal production and manufacturing.

Finally Someone Who Understands That The Palestinian Problem Is Not A Problem

(BrightCitizen.com)  Frankly spoken, the nation of Israel is under attack by Arabs.  With the loss of influence of the British Empire was the first time that we really heard the first reference to historical Israel as Palestine.  Before that time, there was no place or people of any influence called Palestine.  A read of “The Mountains Of Israel” by Norma Parrish Archibold will give you the factual history of the land.

It is so refreshing to see Mr. Newt Gingrich is not only a competent US historian, but he also understands one of the most explosive debates in modern history.  After all, US support of Israel is reason bin Laden gave for attacking the United States on 11 September 2001.

We stand with Israel.

Did Unions Kill American Airlines Business?

(BrightCitizen.com)  Did unions and organized labor kill the American Airlines business and force them to go bankrupt?

Apparently so, as American pays $6.8 billion in labor costs annually.  That is 600M USD more than any other airline pays.

We must seriously evaluate the power of unions in our business if we are to have companies stay in business and continue to provide the services they have committed to.

This could be proof that unions have got everyone paying for their perks.  More importantly the non-union competition is what may have taken American Airlines down.

The Dark Side Of Amnesty International

(BrightCitizen.com)  Amnesty International seems to promote fairness and liberty. Their motto is

Working to protect human rights.

However, when you look at their actions there seems to be a bit of hypocrisy. Human rights do not apply to world leaders they don’t like. Good national leaders sometimes have to make difficult decisions and administer the law of the land.

What may have started out as a good idea seems to just be a platform to attack people that don’t agree with “Amnesty”.  Recently, they called for the arrest of the Bush family as they travel Africa.  How can a group outside of the justice system of a sovereign nation decide what is right or wrong?

There is definitely abuse in our world.  There needs to be a voice that is compassionate and working to end the horrible acts towards our fellow man in the world.   However,  Amnesty International approaches the Greenpeace style of pushing your way over listening to others and advocating violence rather than resolving issues though dialog and due process.