TOKYO -- At a Toshiba board meeting on Feb. 14, an executive who oversaw the growth of the memory chip business pleaded with fellow managers to face up to the dire straits the company has fallen into.
"We must be ready to sell off 100% of memory operations. Without that commitment, the company's not going to make it," said Yasuo Naruke, a senior executive vice president. That Naruke is willing to part with the business that is so dear to him speaks volumes about Toshiba's crisis.
