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"a new company to be set up by the Innovation Network Corporation of Japan, an investment fund backed by the government"..."the new company to be called UniCarriers Corp., in which the INCJ will invest a total of JPY 30 billion (USD 386.4 million)"
gee what ever happened to a business NOT being funded by a government, and governments NOT picking companies to win or lose. seems to me to be less than a level playing field. I wonder if anyone in the USA or EU is looking to get anywhere near 386 Mill from their government to be able to acquire and/or reduce the cost of their debt.
  • Posted 3 Dec 2011 10:49
  • Modified 4 Dec 2011 00:14 by poster
  • By edward_t
  • joined 5 Mar'08 - 2,334 messages
  • South Carolina, United States
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