Because TEPCO may need to pay claims of $50 billion to those affected by the damage at their Fukushima nuclear power plant, the company has decided to stop paying it’s chairman, president and six executive vice presidents. Starting this month they’ll be receiving 0 pay, while other directors at the company will have their pay cut by 60 percent.
Compare this to the actions of BP’s CEO Tony Hayward who went to the Isle of Wight to race yachts while the Gulf was dealing with his company’s massive oil spill, and it looks like they actually care over there!
