“Le Cost Cutter” Carlos Ghosn On The Lam

Discussion in 'Other News' started by mjd4277, Jan 2, 2020.

  1. mjd4277

    mjd4277 Road Train Member

    Joined:
    Oct 4, 2015
    Messages:
    14,132
    Thanks Received:
    42,882
    Location:
    Fitchburg,MA
    0
  2. Infosaur

    Infosaur Road Train Member

    Joined:
    Oct 21, 2008
    Messages:
    3,611
    Thanks Received:
    5,207
    Location:
    Berks County PA, to NYC (Daily?)
    0
    Oh this whole thing is definitely trumped up. What's interesting is that it's not freaking out the international business community as much as I'd have thought. Japan is a "friendly" country, but it's obvious they're sending a message. Nissan was gonna get taken over by Renault and Japan Inc. wasn't having it. (Shame our country doesn't care as much about our native industries) You would think this would have a chilling effect on businesses doing business in Japan. Gonna be interesting watching this unfold.
     
  3. Bill51

    Bill51 Road Train Member

    Joined:
    Jul 27, 2015
    Messages:
    1,180
    Thanks Received:
    2,973
    0
    Turns out Ghosn was smuggled out in a big music instrument case.
    It did not get x-rayed (probably too big), but somehow wasn't checked by customs.
     
  4. mjd4277

    mjd4277 Road Train Member

    Joined:
    Oct 4, 2015
    Messages:
    14,132
    Thanks Received:
    42,882
    Location:
    Fitchburg,MA
    0
    Infosaur and not4hire Thank this.
  5. Infosaur

    Infosaur Road Train Member

    Joined:
    Oct 21, 2008
    Messages:
    3,611
    Thanks Received:
    5,207
    Location:
    Berks County PA, to NYC (Daily?)
    0
    When a government lets a city burn, but sends a SWAT team to an old man's house for white collar crime, you can #### well bet it's politically motivated.
     
  6. CousinVinny

    CousinVinny Medium Load Member

    Joined:
    Jan 26, 2015
    Messages:
    615
    Thanks Received:
    1,771
    Location:
    New Jersey
    0
    I have mixed feelings. Ghosn sold a huge chunk of Nissan to Renault and the quality of their products suffered under his leadership. Nissan went from being the premier Japanese sports car manufacturer to the name you go to when you have bad credit.
     
    speedyk Thanks this.
  7. Infosaur

    Infosaur Road Train Member

    Joined:
    Oct 21, 2008
    Messages:
    3,611
    Thanks Received:
    5,207
    Location:
    Berks County PA, to NYC (Daily?)
    0
    Well yeah, exactly.

    Except that instead of removing him through the board room they trumped up some charges.

    There's something of a bit of nationalism at work here as well. Ghosn was about to put the company further under the thumb of European quasi-national conglomerates (remember, the French government has a 15% voting share.) and Nissan wanted no part of it. I'm sure other JDM (Japanese Domestic Manufacturers) also backed the move. (The highest echelon of Japanese businesses are rather chummy, they all play at the same golf course, so to speak.) they wanted to make a statement, Japan Inc. is not for sale.

    And while I sorta agree with the sentiment, this is really a shot fired round the world in international business. Or would be if it wasn't for all the other news crowding the headlines. I'm kinda curious to see how this plays out.

    (BTW, I don't really think the Japanese really care about Ghosn, it's much more about foreign takeover of their #3 automaker.)
     
    CousinVinny Thanks this.
  8. mjd4277

    mjd4277 Road Train Member

    Joined:
    Oct 4, 2015
    Messages:
    14,132
    Thanks Received:
    42,882
    Location:
    Fitchburg,MA
    0
    Nissan was in bad shape before it got to that point. Everything started going downhill when most of the vehicle lineup started using those POS Jatco CVTs in place of more traditional automatic transmissions. And then most of the vehicles had their production shifted to Mexico or here in the U.S. to get around the chicken tax.
     
  9. Chinatown

    Chinatown Road Train Member

    Joined:
    Aug 28, 2011
    Messages:
    74,669
    Thanks Received:
    169,719
    Location:
    Henderson, NV & Orient
    0
    A former Green Beret, with one of his specialties "hostage extraction", was paid a few million dollars to smuggle Goshen out of Japan.
    Now, Japan is trying to extradite him from America.
    Hopefully, America will tell Japan to "shove it."
     
    Last edited: Jun 16, 2020
    Bill51 Thanks this.
  10. Chinatown

    Chinatown Road Train Member

    Joined:
    Aug 28, 2011
    Messages:
    74,669
    Thanks Received:
    169,719
    Location:
    Henderson, NV & Orient
    0
    That small airport was checked out by the former Green Beret and he measured the X-ray machine, then designed a box that was too large to go thru it.