Dec 19, 2013

Scandal-hit PGA opts to clean house

The leadership of Japan’s Professional Golfers Association will resign en masse after two of its executives were found to have played golf and socialized with an underworld boss, a report said Wednesday. The PGA’s policy board decided Wednesday on the mass resignation, to be ...

Yakuza clean up to do dirty work

Dec 10, 2013

Yakuza clean up to do dirty work

by Hiroshi Hiyama

Mobsters driving flashy cars purchased with bank loans. Executives bowing in apology for loaning millions to those underworld figures. And high-level officials vowing to squash the yakuza. Japan Inc. is engulfed in its worst mob scandal in years and it’s shining a rare light ...

Nov 23, 2013

Japan's yakuza woes return to the silver screen

Hollywood has long fetishized Japanese gangsters, with their full-body tattoos, missing pinkies and harems of buxom groupies. Ever since Sydney Pollack’s “The Yakuza” in 1974, the colorful mafiosi have provided regular fodder for directors including Ridley Scott and Quentin Tarantino. Curiously, studios are again ...

Banks vow mob-loans cleanup

Nov 16, 2013

Banks vow mob-loans cleanup

by Elaine Kurtenbach

Japanese banks are pledging more stringent efforts to halt loans to organized crime after an investigation at Mizuho, the country’s second-biggest bank, led to disclosures of mob links throughout the banking industry. Lawmakers grilled bank executives and government officials, including Finance Minister Taro Aso, ...