The American-Style Lawsuit That Struck Toshiba and the Westinghouse Trap | Masayuki Takayama on Ruthless America
Published on October 29, 2019. Citing an essay by Masayuki Takayama, this article criticizes American litigation culture and pressure on Japanese companies through the Toshiba lawsuit, attorney Wayne Reaud, the Clinton administration, and the Westinghouse issue.
October 29, 2019.
America does not let weakened prey escape.
This time, Westinghouse, Toshiba’s subsidiary, set a dirty trap and made Toshiba shoulder one trillion yen once again.
This is the chapter I published on April 10, 2017, under the title: “It is a lawsuit that would never occur in Japan, a country that knows shame, but behind Reaud stands Clinton, the lawyer president.”
This is from an essay by Masayuki Takayama, the one and only journalist in the postwar world.
The following is the continuation of the previous chapter.
*~* indicates my own comments.
I was astonished by the selfish greed of lawyers, but perhaps that is precisely the true nature of Americans.
In fact, about ten years later, a strange lawsuit was filed against Toshiba in the Federal District Court in Beaumont, Texas.
The claim was that if several tasks were carried out simultaneously on a Toshiba personal computer, the floppy disk controller, or FDC, might break down.
Therefore, Toshiba should pay compensation.
But Toshiba argued that there had been no complaints or inquiries about any actual malfunction.
However, attorney Wayne Reaud, who was also a major donor to Clinton, was uncompromising.
Toshiba, he claimed, had sold its personal computers while knowing they were defective.
He would not retreat from his demand that Toshiba pay one trillion yen.
The basis for his claim was that NEC had installed an improved FDC, saying that “if an excessive load is placed on the current FDC, there is a risk that it may break down.”
But Toshiba had not released an improved version.
That was all.
It was exactly the same method as the pretext he had used against the small-aircraft industry.
It is a lawsuit that would never occur in Japan, a country that knows shame, but behind Reaud stands Clinton, the lawyer president.
In the end, in 1999, Toshiba accepted a settlement totaling 110 billion yen.
To raise the money, it sold off securities, and even so it posted a deficit of 65 billion yen, and that fraudulent accounting began.
America does not let weakened prey escape.
This time, Westinghouse, Toshiba’s subsidiary, set a dirty trap and made Toshiba shoulder one trillion yen once again.
It is an outcome that perfectly illustrates ruthless America.
Perhaps it was good that the TPP, which would have entrusted our fate to such a country, disappeared.
*It was the Asahi Shimbun and the people controlling NHK’s news division who relentlessly attacked Toshiba, even though Toshiba had suffered such outrageous abuse.*
