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Nakasone Trip Delayed: The expanding insider stock...

Nakasone Trip Delayed: The expanding insider stock trading scandal forced former Japanese Prime Minister Yasuhiro Nakasone to delay his U.S. trip, which was scheduled to start Wednesday, and stalled debate in parliament on a supplementary budget. Opposition parties refused to discuss the $41-billion budget, demanding that Nakasone testify on his links to Recruit Co., a major job placement publishing company at the center of the scandal. He was to meet President George Bush and former President Ronald Reagan during the two-week U.S. tour. Nakasone, in a nationally televised news conference, denied involvement in the scandal and said: “I do not recognize the necessity of my being summoned to the Diet (the Japanese parliament), because I am totally innocent.”


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