INTERVIEW: Mizuho Chief Wants TEPCO to Remain Private Firm

  • INTERVIEW: Mizuho Chief Wants TEPCO to Remain Private Firm

    Tokyo, Dec. 27 (Jiji Press)--Mizuho Financial Group Inc. President Yasuhiro Sato has expressed his hope that Tokyo Electric Power Co. , a major client for the megabank group, will remain a private-sector company.As a private firm, TEPCO "needs to make efforts so that it can generate profits as resources for compensation payments" to those affected by the nuclear crisis at its Fukushima No. 1 power plant damaged by the March 11 earthquake and tsunami, Sato said in a recent interview.

    If TEPCO is allowed to stay as a private-sector company, Mizuho will be ready to support it, he added.

    webmasters comment:

    Damn bankers... they couldn't care less for the compensations, they want their credits back from Tepco and they are pressing their moneys to restart other tepco reactors. This is a blackmail of the people really.... " if you don't want to pay for tepco disaster, you better allow other reactors to start working again."

    Shareholders and investors in nuclear corporations, those that give money to this corrupt and genocidal industry should be paying for all the costs, banks included.