Olympus Covered Up $1.67 Billion in Losses

Samantha Murphy: >Olympus has been under fire since its CEO Michael Woodford was terminated about two months ago — just weeks after he joined the global camera maker — for publicly voicing his concerns about the company’s allegedly shady business acquisitions. Murphy notes the “covered up” losses date back 20 years. Yikes.

Samantha Murphy:
>Olympus has been under fire since its CEO Michael Woodford was terminated about two months ago — just weeks after he joined the global camera maker — for publicly voicing his concerns about the company’s allegedly shady business acquisitions.

Murphy notes the “covered up” losses date back 20 years. Yikes.

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