The Rise and Fall of Carlos Ghosn

[The New York Times]

Carlos Ghosn, the former head of Nissan, was the rare foreign executive to reach rock-star status in Japan by breaking the rules of its culture. Now, he’s accused of financial wrongdoing at the company he helped save. Guest: Motoko Rich, the Tokyo bureau chief for The New York Times. For more information on today’s episode, visit nytimes.com/thedaily.

Background reading:

• Mr. Ghosn has been arrested on charges of financial misconduct at Nissan. He said in a video statement that the accusations were part of a plot by company executives to engineer his downfall.
• Mr. Ghosn wasn’t expected to succeed in Japan, a nation known for its distrust of outsiders. But he also wasn’t expected to fail like this.

Continue reading...