Tokyo Photos [10]

This may look like just another company logo in need of some spiffing up, but I thought it was pretty appropriate. The company is Tokyo Electric Power Company [TEPCO], the firm managing the Fukushima nuclear power facilities. TEPCO fell out of favor with the Japanese people so fast it made heads spin. They’re being forced to compensate families that were displaced by the disaster last year and could face losses of over $20 billion for the year. Now, it appears that the Japanese government will be taking a 2/3 stake in TEPCO — the world’s fourth-largest power utility — for $15 billion, in what will be the largest non-banking bailout ever. The slogan to the right reads [slightly cut off] “Toward a Society with a Dream.” TEPCO’s dream has faded, just like the sign.

REMIX

This entry was posted in Tokyo Photos and tagged , , . Bookmark the permalink.

2 Responses to Tokyo Photos [10]

  1. Commentar says:

    Any chance to use this photo in articles at small commercial newssites? Think some journalists may be happy to have something like that, without paying immense costs to Reuters etc.

    I know at least one website which could need it

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s