Carlos Ghosn Christophe Morin/IP3/Getty Images

When Leaders Won’t Leave

The downfall of Nissan chairman Carlos Ghosn resembles a Kabuki play, with the Japanese powers-that-be asserting themselves in the end. But Ghosn’s story is more like a classic Greek tragedy, with contemporary German elements, because the best parallel to Ghosn is German Chancellor Angela Merkel.

DUBLIN – The spectacular rise and fall of Carlos Ghosn, “Le Cost Killer” who saved Nissan after 1999 and built a powerful partnership of the Japanese carmaker, its big French shareholder, Renault, and Japan’s Mitsubishi Motors, resembles a Kabuki play, with the Japanese powers-that-be asserting themselves in the end. But Ghosn’s downfall is really more like a classic Greek tragedy, with contemporary German elements. This is a story of Hubris meeting Nemesis. And the best parallel to Ghosn is German Chancellor Angela Merkel.

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