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Nissan's Ghosn crisis

Ghosn indictment shines fresh light on Japan Inc.'s sleeping boards

Internal governance failures and serious missteps highlight weaknesses

Carlos Ghosn attends an executive committee meeting at Nissan. (Photo by Mamoru Yago)

TOKYO -- Nissan Motor is paying the price for having a board asleep at the switch, as prosecutors on Monday indicted the company and former Chairman Carlos Ghosn for allegedly under reporting his income for many years. 

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