Japan Olympus

November 8, 2011 - 8:00 AM
FILE - In this Oct. 27, 2011 file photo, Olympus Corp. spokesman Akihiro Nambu, center, and other top executives bow after a press conference in Tokyo. Olympus admitted Tuesday, Nov. 8, 2011, that it used a series of acquisitions to hide massive losses, reversing earlier denials of any wrongdoing as one of the largest accounting frauds in Japanese history rocks the nation's corporate image. (AP Photo/Koji Sasahara, File)