Monday, October 13, 2008

What Shines in the Night and What Hides It


(Why won't any TV station make contribution to this kind of guide-plate based public service in Tokyo?)




What Shines in the Night and What Hides It




One of the big news in these three-day holidays (from Oct. 11 to Oct. 13) in Japan is without doubt the alleged suicide committed by Mr. Kzuyoshi Miura in a cell within Los Angeles Police Department.

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Japanese businessman Kazuyoshi Miura is found dead in jail cell

Reed Saxon / Associated Press

IN CUSTODY: Kazuyoshi Miura, right, accused of arranging the murder of his wife in Los Angeles in the early 1980s, arrives at Los Angeles International Airport on Friday after being extradited from Saipan.

He had just been extradited to Los Angeles to face conspiracy charges in the murder of his wife in 1981. His death is called an apparent suicide.

http://www.latimes.com/news/local/la-me-miura12-2008oct12,0,1211729.story

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Mr. Kazuyoshi Miura had an aunt who had been a very popular actress and show-business director in Japan.

Indeed, gangsters seem to be everywhere around the film industry and the entertainment industry, if not inside a prison or on Wall Street.

Anyway, remember Princess Diana and JFK Jr., too.

* * *

Every non-nonsense journalist and pundit in Japan is discussing the future of not only Wall Street but also the United States, in addition to the future value of the U.S. dollar.

Of course, The New York Times is also discussing it, especially recently with some respect for Japan, though caring about cold eyes of anti-Japanese elite in Washington D.C.

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In what could set an important precedent, federal officials assured a big Japanese bank late Sunday that its planned investment in the embattled Wall Street giant Morgan Stanley would be protected, according to people involved in the talks.

After two days of tense negotiations, Treasury officials urged a hesitant Mitsubishi UFJ Financial Group to proceed with its $9 billion investment in Morgan Stanley, which has sought the capital infusion to reassure investors and customers about its stability.



Last month, Mitsubishi agreed buy about 21 percent of Morgan Stanley. The investment was to be made in the form of $3 billion in common stock, at $25.35 a share, as well as $6 billion in convertible preferred stock with a 10 percent dividend and a conversion price of $31.25 a share.



Morgan Stanley converted itself into a bank holding company one week after Lehman Brothers collapsed. That business model makes it easier for Morgan Stanley to borrow from the Federal Reserve. The firm has also lowered its debt-to-capital levels to under 20 times.

Mitsubishi has large ambitions for expansion into the United States. It recently bought the remaining shares of UnionBanCal, a bank in California, for a premium over its share price. Mitsubishi had owned the majority of UnionBanCal since 1996.

http://www.nytimes.com/2008/10/13/business/13morgan.html?_r=1&hp&oref=slogin

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U.S. federal officials also seem to start to show some respect for Japan.

In the recent G7 Meeting, I think that top U.S. elite must realize that they have to honestly cooperate with Japan in order to keep dollar’s dominance or value.

* * *

Last night or early this morning I had two dreams.

In one dream, an African revolutionist was killed by British senior officers. Some of the British upper class were framing a conspiracy in a gorgeous stone building. Anyway, I am not an African.

In another dream, a notable Japanese female politician, still trying hard to build her career in the political community, was taking care of her business so actively. I was just treading after her. Anyway, it was in a dream.

And around the Diet building, I saw only an early-middle-aged Western couple carrying a big suitcase each. Remarkably no foreigners were doing sightseeing around the national assembly building near the Imperial Palace of Japan and the Tokyo Metropolitan Police Department.



(Also my personal choice of a song, since constellations are shifting as the late autumn is coming close…

http://www.fukuchan.ac/music/jojoh/fuyunoseiza.html )




"WHO DO THEY SAY I AM, THOUGH I HAVE SAID I HAVE PRAYED AS THE SON OF GOD AND AS A SON OF MAN LIKE EVERYBODY ELSE?"