Tuesday, February 10, 2009

Okubo's Gamble

Mr. Morita is quoted in this Bloomberg piece about Tsutomu Okubo and others who have jumped from the financial services industry to the opposition Democratic Party of Japan in hopes of fast-tracking a political career. These folks tend to be well-heeled enough to fund their own campaigns, which is essential, Morita-san points out, because the official party contributions to these candidates amount to "a pittance."