Tuesday, January 24, 2006

Horie-mon got arrested.

Takafumi Horie, otherwise affectionately known as Horiemon, a reference to a cartoon cat Doraemom many Japanese and Asian children grew up and fell in love with, was arrested by Japanese investigators on securities fraud charges on Monday evening. This was kind of expected so the market didn't react by panic selling. His arrest was seen by some as "the revenge of the establishment."

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