The Recruit Scandal Surfaces in Japan
At a glance:
- Series: Great Events from History II: Business and Commerce Series
- Categories: Government and Politics, Religion, Ethics, Economics, Crime, Law, Legal History, Courts
- Subcategories: Business, Scandals, Corruption, Fraud
- Curriculum: Asian History
- Geographical Location: Japan
- Date: 1988
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...
[The entire page is 2209 words long]
