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SUPREME COURT ACQUITS LTCB TRIO


The Supreme Court on Friday reversed a lower court ruling and acquitted three former executives of the now-defunct Long-Term Credit Bank of Japan who were charged with window-dressing the bank's earnings reports for fiscal 1997. In a verdict that vindicated the executives of the failed bank that symbolized the bursting of Japan's bubble economy in the 1990s, the top court unanimously agreed the ...
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