TEPCO Confirms CEO Shimizu "Ill And Hospitalized", Chairman Katsumata Now In Charge

While it is no secret that TEPCO CEO Masataka Shimizu had been MIA in the aftermath of the Fukushima explosion, it appears things are progressing for the worse. From Reuters' Natsuko Waki: "TEPCO CEO "ill and hospitalised", TEPCO says company president Shimizu suffering from extreme dizziness, chairman Katsumata now at helm, and that the president was not taken to hospital by an ambulance." TEPCO has scheduled a press conference for 6am GMT to go over these and other matters. Alas, this may be game over for TEPCO. What next: will the national guard take over, or a joint French-US endomement task force?

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