Streamlining Accomplished.
The government willfully under-regulated both Toyota and Goldman for the sake of the race to the bottom — the never-ending quest for more profits — regardless of the dangers posed to taxpayers whether those hazards be derivatives or cars that accelerate for no apparent reason.
Hijacked
“The root cause of their problems is that the company was hijacked, some years ago, by anti-(Toyoda) family, financially oriented pirates,” said Jim Press, Toyota’s former U.S. chief and only American to hold a seat on the company’s board.