Livedoor Trial Reflects Changes in Japan
September 1, 2006
Takafumi Horie, Livedoor Co. chief executive, smiles during a news conference at the Foreign Correspondents Club of Japan in Tokyo in this Sept. 6, 2005 file photo. When the trial of Japan´s most famous dot-com entrepreneur opens Monday, Sept. 4, 2006, a much wider issue will also be before the court: this nation´s troubled shift to a more freewheeling market economy. Horie, 33, founder and former president of the Internet startup, faces charges of securities laws violations in falsifying earnings data to inflate stock prices. He has repeatedly said he is innocent. (AP Photo/Itsuo Inouye, File)
(AP) -- When the trial of Japan's most famous dot-com entrepreneur opens Monday, a much wider issue will also be before the court: this nation's tenuous shift to a more freewheeling market economy.
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