The Rise and Fall of Carlos Ghosn

The Daily

The New York Times

News, Daily News

4.3 • 107.7K Ratings

🗓️ 16 April 2019

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

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.

Transcript

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0:00.0	From New York Times, I'm Michael Barbaro.
0:02.2	This is the day we...
0:09.6	Today...
0:11.9	He was the rare foreign executive
0:14.3	to reach rockstar status in Japan
0:17.1	by breaking the rules of its culture.
0:20.1	Then he went too far.
0:22.5	The rise and fall of Carlos Gone.
0:32.8	It's Tuesday, April 16th.
0:38.3	So on April 9th, this mysterious video appeared.
0:42.2	Carlos Gone, the longtime chief executive in Chairman of Nissan,
0:46.8	which is a Japanese auto company,
0:49.7	is sitting in this room. It's almost like a hostage video.
0:52.6	He's sitting at this table in a very bare conference room.
0:56.6	He's got a black suit jacket on and a white button down,
0:59.7	but no tie and he's looking basically straight on into the camera.
1:03.4	And the first thing he says is...
1:04.8	If you are listening to me through this video today,
1:08.4	it means that I was not able to make the press conference
1:12.4	that I planned for April 11th.
1:17.1	He can't be there because he's in jail.
1:21.7	He had called a press conference on Twitter.
	...

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