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Toyota is to Wall Street as NHTSA is to SEC/FINRA

Posted by Larry Doyle on February 24th, 2010 6:26 AM |

In light of the Congressional hearings addressing the problems swirling around Toyota, I am reposting this commentary which was originally posted on February 12th.

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When regulators are in bed with industry, bad things happen. When regulators actually go to work for the industry, then really bad things happen.

Evidence of this dynamic on Wall Street is overwhelming. Yet, don’t think that Wall Street has a monopoly on this incest. Bloomberg highlights that incestuous activity has also played out in the disaster encompassing Toyota. Bloomberg reports, Regulators Hired by Toyota Helped Halt Investigations:

Former regulators hired by Toyota Motor Corp. helped end at least four U.S. investigations of unintended acceleration by company vehicles in the last decade, warding off possible recalls, court and government records show. (more…)

Will Dimitrios Biller Spell Doomsday for Toyota?

Posted by Larry Doyle on February 13th, 2010 11:01 AM |

Toyota is currently fighting for its brand. Will it soon be fighting for its very life?

Who may hold the key to Toyota’s future? Let’s meet Dimitrios Biller.

Corporate Counsel’s Law.com reports, Sorry, They’re Staying in the Boxes: Ex-Toyota Lawyer Can’t Release Docs:

Woof! 2010 has been a real stinker of a year for Toyota Motor Sales USA Inc. (more…)






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