US: Strong Winter Storm Brings Blizzard Conditions To Sierra Nevada 3

A strong winter storm hit the Sierra Nevada on Friday, March 1, bringing heavy snow and high winds. Blizzard Warnings were issued for the area, including Lake Tahoe and eastern Nevada. The Sierra Avalanche Center warned that the danger of avalanches was high. Yosemite National Park and many ski resorts in the region announced they were closing at least for the day.

Seibu Railway looks to Cerberus to turn group around

Seibu Railway looks to Cerberus to turn group around

TOKYO, Japan - Takashi Goto (L), president of Seibu Railway Co., speaks to reporters at a press conference at a Tokyo hotel on Oct. 18 about a decision to choose U.S. investment fund Cerberus Group and Nikko Principal Investments Japan Ltd. as the main providers of fresh capital for Kokudo Corp., the core firm of the Seibu group.

Aozora Bank confirms giving Cerberus customer data

Aozora Bank confirms giving Cerberus customer data

TOKYO, Japan - Aozora Bank President Hiroshi Maruyama gives a news conference in Tokyo on Jan. 9 following a media report that it provided customer information to U.S. investment fund Cerberus Group, one of its top shareholders. The bank confirmed the report but denied a portion of it saying the action was illegal because some of the information allegedly given to Cerberus is usually kept secret.

Seibu Railway looks to Cerberus to turn group around

Seibu Railway looks to Cerberus to turn group around

TOKYO, Japan - Takashi Goto (L), president of Seibu Railway Co., speaks to reporters at a press conference at a Tokyo hotel on Oct. 18 about a decision to choose U.S. investment fund Cerberus Group and Nikko Principal Investments Japan Ltd. as the main providers of fresh capital for Kokudo Corp., the core firm of the Seibu group. (Kyodo)

Aozora Bank confirms giving Cerberus customer data

Aozora Bank confirms giving Cerberus customer data

TOKYO, Japan - Aozora Bank President Hiroshi Maruyama gives a news conference in Tokyo on Jan. 9 following a media report that it provided customer information to U.S. investment fund Cerberus Group, one of its top shareholders. The bank confirmed the report but denied a portion of it saying the action was illegal because some of the information allegedly given to Cerberus is usually kept secret. (Kyodo)

Cerberus to help Nagasakiya

Cerberus to help Nagasakiya

TOKYO, Japan - William Richter (L), president of U.S. investment company Cerberus Group, speaks at a news conference in Tokyo on March 23 on his group's plan to invest in the failed Tokyo-based supermarket chain operator Nagasakiya Co., as Shigeaki Momoo (R), a court-appointed administrator for Nagasakiya, looks on.