Tokyo Electric says $24 bln loans not enough; chief in hospital


TOKYO (Reuters) - Tokyo Electric Power has secured $24 billion in bank loans but said that would not be enough to keep running and pay for Japan's worst nuclear disaster, adding to expectations the government will step in to bail out the stricken company.

In a further sign of the disarray at Asia's largest utility, Tokyo Electric said its president had been hospitalised and was handing over the reins to Chairman Tsunehisa Katsumata.

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