Regarding the Aug. 25 story, "NYSE Sets Up Panel to Give Japanese a Voice on Wall St.":
It is outrageous to consider the appointment of Shoichi Saba, the former chairman of Toshiba Corp., to an advisory committee to give Japanese businessmen a "voice in decision making both on Wall Street and in Washington." It was Saba who presided over Toshiba when one of its subsidiaries sold to the Soviet Union equipment that makes submarines difficult to detect.
Toshiba mounted an aggressive lobbying campaign to fight sanctions proposed in Congress against the company, and the penalties ultimately adopted hardly were a slap on the wrist--but they were a big slap in the face for U.S. taxpayers!
It seems to this taxpayer that Toshiba knows Wall Street and Washington well enough. Why make matters worse by giving official status to one whose past actions were admittedly against United States interests?
JAMES A. RISTOW
Ristow has a pending arbitration proceeding against Toshiba for wrongful termination. He lost an earlier discrimination lawsuit.