Livedoor Pledges to Clean Up its Act

28 February 2006

   TOKYO - Kozo Hiramatsu, the newly-appointed president of the scandal-hit Japanese internet firm [WAMN: 24-Feb-06], has pledged to "squeeze all the pus out of our company".
   He has unveiled plans to ensure effective governance of Livedoor and a thorough legal compliance effort, including the appointment of independent directors and drafting of an in-house ethics charter.