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Olympus wrongdoing 11 8 2011

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Camera maker admits to hiding losses with takeover fees.
Camera-maker seeks $47m from 19 top managers over accounting anomalies.
Olympus wrongdoing 11 8 2011

Olympus president Shuichi Takayama bows in apology during a press conference to acknowledge that the company used takeover fees to hide its losses.

Yoshikazu Tsuno