It is high time that the likes of Daiei, a retailer, Misawa Homes Holdings, a housebuilder, and Sojitz, a trading company, were cast adrift.
ECONOMIST: Swallow hard
2.
Mr Fox turned the institute from being an ineffective housebuilder into a mortgage lender for its members, who now have individual accounts with it.
ECONOMIST: Laying the foundations of a property-owning democracy
3.
The property market has changed dramatically since 1997, when Mr Paim de Andrade led the first initial public offering of a Brazilian housebuilder (Rossi Residencial).