– The new enervated Tepco (Japan Times – SENTAKU MAGAZINE):
If worse comes to worst, Tepco share certificates would become worthless sheets of paper for 600,000 shareholders as well as for many corporate pension funds that have included Tepco stock in their portfolios. The steep drop in Tepco’s stock price has already dealt a blow to investment funds in the United States. Nearly 20 percent of its stock is held by non-Japanese investors. This has reportedly led the Obama administration to urge the Kan government to take steps to prevent a further decline in Tepco stock.