Jon Bro
Student, 23
It wasn¡¯t right. What Horie was supposed to show to investors, he lied about, and probably the same things have been going on in a lot of places. In America, he would probably be going to jail, but for Japan, I can¡¯t say.

Dragon Djourov
Researcher, 28
No he¡¯s not. He¡¯s a scapegoat. He is to blame for what happened, but I think many forces are not really unhappy to see his fall. As the CEO of his company, he should know what is going on -- if not him, then who?

Chris Williams
Project manager, 36
The regulatory environment in Japan is very lax -- the Aneha case is also evidence of that. Historically, Japan has relied on indirect regulations like the honor system, which is not enforced. Offhand, I¡¯d say he¡¯ll probably get off lightly.

Yoshiko Williams
Importer, 35
The market is full of individual investors, and these people aren¡¯t fully aware. Horie looked for holes and didn¡¯t think he¡¯d get caught. He acted against the traditional way of thinking in Japan. So far, he¡¯s getting what he deserves.

Andrea Lew
Teacher, 33
He seemed to come across as arrogant, and that is why he is being lambasted now. I think that what he¡¯s done is wrong, because some investors bought their shares at artificially high prices, and that¡¯s a bit deceitful.

Julian Wills
Teacher, 35
I think the old guys are out to get him. I think he messed with the wrong people. He split shares to attract small investors and deceived those people. They¡¯re the ones who lost all the money, so I think he should go down.