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TEPCO posts record $15 billion loss

Thursday, May 19, 2011 - 01:13

May 20 - Japan's embattled power company TEPCO reports a $15 billion loss for the 2010-2011 business year with its president stepping down to take responsibility for the Fukushima crisis. Toshi Maeda reports.

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Depending battled power company teppco reported a net loss of fifteen billion dollars in Friday to account for the disaster addict who consume a nuclear power plant. The power company's loss for the business year ending in March marked the biggest corporate loss ever in Japan outside of the financial sector. The company also said its president must attack for some reason he's dipping down to take responsibility for the disaster and radiation leaks with the company insider taking over his position. The outgoing president apologized to the public with a nuclear accident. Whom I know optical annually. These -- London well. We feel sorry for the victims of the earthquake and tsunami in the same time. You want to sincerely apologize for nuclear reactors in the human cloning so much anxiety and worry and trouble signing. The disaster has to get a drop of more than 80% in Tampa goes share price and prompted the government to step in with a -- to handle compensation claims that some analysts say could top 100 billion dollars. To see my and a Reuters Tokyo.

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TEPCO posts record $15 billion loss

Thursday, May 19, 2011 - 01:13