Shelly Banjo, Columnist

Play Your Corporate Scandal Right, Kobe Steel

It's important investors differentiate between a dead body and a flesh wound.
Photographer: Chris Newbert/Getty Images
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It can be hard keeping all the corporate scandals straight.

The unfolding drama at Japanese conglomerate Kobe Steel Ltd., which falsified quality control tests on metals from aluminum to copper, has evoked comparisons to another black eye in Japan Inc.'s string of malfeasance -- Takata Corp., whose exploding airbags were linked to more than a dozen deaths.