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EDITORIAL: Independent judgment in doubt: Independent judgment in doubt.
Jul. 11--The public controversy over Bank of Japan Gov. Toshihiko Fukui's 10 million yen investment in a fund led by maverick fund manager Mr. Yoshiaki Murakami, revealed in mid-June, has yet to die down. Prime Minister Junichiro Koizumi and leaders of the Liberal Democratic Party take the position that Mr. Fukui did nothing wrong. Mr. Fukui says he only wants to continue to serve as chief of the nation's central bank and fulfill his duties. The problem is that a majority of the public appears to doubt whether he can independently remain the guardian of the nation's currency.
The value of Mr. Fukui's original investment in the fund of Mr. Murakami -- who was ...
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