This is an example of a kind of Samurai spirit still very much alive in modern Japanese. The basic principle is personal responsibility, sense of honor, duty and gratitude, somewhat to an extreme. As to the point of taking responsibility for someone else's mistake. This I've experienced personally, when a manager well above me took responsibility and immediately covered for something that was clearly my fuck-up. Conversely, you can imagine what kind of loyalty this inspires.
http://aol.sportingnews.com/mlb/stor...alary-released
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