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RCC wants resignation of managers when helping rehabilitation.

Publication: Japan Weekly Monitor
Publication Date: 17-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 13 Kyodo

The state-run Resolution and Collection Corp. (RCC) plans to call for the resignation of managers of corporate borrowers, whose loans it purchased, if the RCC decides to help in its rehabilitation, the RCC said in a report released Thursday.

The RCC, a state-run organization commissioned...

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