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Thread: Olympus

  1. #1
    Senior Member UncleFai's Avatar
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    Default Olympus

    http://www.businessweek.com/news/201...onfidence.html

    Will Olympus go bust? Or get acquired by a competitor?

  2. #2

    Default Re: Olympus

    Well, imo they have eaten others up, now its time they are eaten up... Its sad, hope their product offerings are not adversely affected cos they are very good.

  3. #3

    Default Re: Olympus

    Quite shocked when I saw the news on Channel 8. Hope they could overcome this and move on.

  4. #4

    Default Re: Olympus

    they just did something illegal to cover up their losses due to bad investment. That doesn't mean they are going bankrupt.

    Olympus will be just fine, only some bad publicity.
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  5. #5

    Default Re: Olympus

    I guess stuff like this is not something uncommon in the business world. It's a matter of "who-is-next-to-get-caught".
    D200

  6. #6
    Senior Member UncleFai's Avatar
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    Default

    Apparently GIC is a major shareholder of Olympus. Now GIC looking at $100 million in losses.

  7. #7

    Default Re: Olympus

    Quote Originally Posted by UncleFai View Post
    Apparently GIC is a major shareholder of Olympus. Now GIC looking at $100 million in losses.
    Oh my god... seriously...

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