Ghosn Arrested in Japan and Fired by Nissan

[Carl Beck]

Car & Driver reports

https://www.caranddriver.com/news/nissan-renault-chairman-carlos-ghosn-arrested?utm_medium=social-media&src=socialflowFBCAD&utm_campaign=socialflowFBCD&utm_source=facebook&fbclid=IwAR1Mld1lrPlMoug1jvIoRuF_nNmBwZFPLTdmardbs4UZPyQ4OI7K_0e047w

Ghosn removed as Chairman and Representative Director of Nissan Motor Co. Ltd.

 Read Nissan’s statement 

 http://www.zhome.com/IZCC/ZRegisters/classic.htm

[Namerow]

Looks like he may be toast.   He is said to have made many enemies and this may be the result.  Another dubious milestone for Nissan Motor Corp.   

[Zed Head]

Shocking.  A rich person avoiding taxes!  I can't be party to this, I'm selling my 42 year old old beat up 280Z!

[Carl Beck]

I get the impression that he wasn't trying to avoid paying taxes. More a case of trying to avoid letting the stockholders know just how much he was actually receiving in total compensation. 

 

[240260280]

But how much can one man spend and still sleep at night?

I think a lot of people with mental disorders are in high corporate positions due to their illogical greed and lust for power. I've seen quite a few greed-driven co-workers rise and fall.

[Patcon]

Evidently his compensation was about half what other top CEO's at his level were making. I am sure that is a big part of how guys at this level keep score, which at some point is what this is all about.

You also need a little creative accounting sometimes when you need to pay for your parties at Versaille

https://www.townandcountrymag.com/the-scene/weddings/a9634/versailles-wedding/

[Namerow]

Peter DeLorenzo's overview in Autoextremist.com makes for interesting reading.

[Patcon]

4 hours ago, Namerow said:

Peter DeLorenzo's overview in Autoextremist.com makes for interesting reading.

That's harsh, but I bet it's not too far from the truth