31. Stocks plunged yesterday after prosecutors raided Yamaichi Securities Co. as part of an investigation into payoffs to a corporate racketeer. 32. The brokerage house was found to have illegally compensated a company run by relatives of a sokaiya corporate racketeer. 33. The Finance Ministry banned Yamaichi from underwriting government bonds for an unspecified period on suspicion it made illegal payoffs to Ryuichi Koike, a corporate racketeer. 34. The new competitor comes as the traditional leaders in the domestic securities industry are reeling from payoff scandals to a corporate racketeer. 35. The Ministry of Finance is investigating whether DKB falsified documents related to loans made to a corporate racketeer, the Nihon Keizai newspaper said Saturday. 36. The securities commission also is investigating Nomura Securities Co. for allegations the brokerage made payoffs to a corporate racketeer. 37. These are the latest installments in a saga of payoffs to corporate racketeers that traders say may riddle the industry. 38. Three Nomura Securities Co. executives were arrested by Tokyo prosecutors for making payoffs to a corporate racketeer, the Asahi wire service reported. 39. To be sure, the foreigners are cashing in on a widening scandal involving Japanese brokerages paying off a corporate racketeer. 40. Tokyo prosecutors raided the offices of Yamaichi Securities Co. seeking evidence of payoffs to corporate racketeers. |