This report looks at the March 2011 Fukushima nuclear disaster from an
investors’ point of view. It identifies the long-known technological,
management, governance and other institutional deficiencies that were
instrumental in turning a predicted natural misfortune into a nuclear
nightmare. Had analysts and credit-rating agencies looked beyond
short-term cash flows and paid attention to the many early warnings,
they would have been able to save investors from major losses.
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