The Recruit Scandal Surfaces in Japan

Article abstract: Illegal and unethical stock deals between leaders of Japan’s Recruit Company and high government officials caused a scandal that rocked the Liberal Democratic Party.

Summary of Event

Japan’s Liberal Democratic Party (LDP) governed the country from 1955 into the 1990’s. During nearly four decades in power, it provided Japan with its prime ministers, most cabinet members, and majorities in the Diet (the Japanese parliament). Japanese voters recognized that throughout these years the LDP took political credit for having presided...

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