ZURICH - In a surprising move in corporate politics, Wuxing Incorporated was awarded the seat on the Corporate Court left vacant by the recent death of corporate justice Hiroyuki Akiyama, vaulting it the elite AAA status. It was widely believed that Fuchi, who, as second largest megacorporation in the world after Saeder-Krupp, has always enjoyed a second seat on the Corporate Court, giving it significant clout in intra-corporate political matters, would once again fill the vacant seat with one of their justices, but the appointment went towards the asian powerhouse Li Feng, who, together with Wu Lung-Wei were the masterminds behind the Pacific Prosperity Group (PPG), a powerful east Asian cooperation of companies similar in structure to a zaibatsu (only without the backing of a single, large bank.) When the vote was put before the court, the justices were evenly split, six voted for a new Fuchi justice and six for the the Wuxing justice, with Saeder-Krupp representative, justice Jean-Claude Priault ending the stale-mate with his deciding vote to allow Wuxing to become a AAA megacorporation. It is believed that Wuxing, who received 200 million nuyen from the estate of the late Dunkelzahn, used that money to lobby their way onto the court. For the first time in over a decade the make up of the court has shifted and the voices of many AA corporations who claimed that the Big Eight (Ares Macrotechnology, Saeder-Krupp, Fuchi Industrial Electronics, Yamatetsu, Mitsuhama Computer Technologies, Renraku Computer Systems, Aztechnology, Shiawase) have long since made it impossible for any AA company to elevate themselves to AAA status. Now it seems that has proven to be false, it wasn't impossible, it just took 200 million nuyen in grease money. Wuxing is a relatively small megacorporation, but due to their clout within the large PPG it's considered worthy of the seat on the Corporate Court. It's a major hit to Fuchi's political clout, which they could've used in this time of friction between them and Renraku. http://www.wiredreflexes.com/srn/news/index.php?nav=107 |
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