Tepco to Raise Electricity Charges for Corporate Customers


  • Tepco to Raise Electricity Charges for Corporate Customers

    “It is a matter of great urgency for us to end this constant deficit financing caused by rising fuel costs,” Tepco President Toshio Nishizawa told reporters in Tokyo today. “We need to properly work on this matter because we could be sued by shareholders if we don't do anything when it is foreseeable the company cannot maintain its operations.”

    webmasters comment:

    Shareholders, the ones feeding the juice to the industry are getting bailed out on others people expense and that is after they were financially supporting the company now killing Japan.  Before Fukushima, i thought Japan was a serious country, but this looks like some middle age feudal sistem. Ironically, George Bush comes to mind, speaking of Have's and Have not's. It looks like Japan government backed by their nuclear corporations is set to exterminate the poor.

    Source: news.businessweek.com