NEW : Olympus board will appoint a panel to decide on legal action against ex - executives . An independent panel report said Olympus ' ` ` should remove its malignant management '' The panel found $ 1.7 billion of hidden losses from its investments in the 1990s . Report : ` ` The management was rotten to the core , and to those around it ''
NEW : Olympus board will appoint a panel to decide on legal action against ex-executives . An independent panel report said Olympus Corp. `` should remove its malignant cancer '' The panel detailed $ 1.7 billion of hidden losses from failed investments in the 1990s . Report : `` The management was rotten to the core , and infected those around it ''