Japans Banks in trouble?

Japans Banks in trouble?
Oct 30, 2008 00:51
DODGER Points: Join Date: Jul 15, 2007 Status: offline	Following the problems in the sub-prime lending market in America and the run on Northern Rock in the UK, uncertainty has now hit Japan. In the last 7 days Origami Bank has folded, Sumo Bank has gone belly up and Bonsai Bank announced plans to cut some of its branches. Yesterday, it was announced that Karaoke Bank is up for sale and will likely go for a song, while today shares in Kamikaze Bank were suspended after they nose-dived. While Samurai Bank is soldiering on following sharp cutbacks, Ninja Bank is reported to have taken a hit, but they remain in the black. Furthermore, 500 staff at Karate Bank got the chop and analysts report that there is something fishy going on at Sushi Bank where it is feared that staff may get a raw deal. Dodger.

Oct 30, 2008 00:51

DODGER
Points:
Join Date: Jul 15, 2007
Status: offline

Following the problems in the sub-prime lending market in America and the run on Northern Rock in the UK, uncertainty has now hit Japan.
In the last 7 days Origami Bank has folded, Sumo Bank has gone belly up and Bonsai Bank announced plans to cut some of its branches.
Yesterday, it was announced that Karaoke Bank is up for sale and will likely go for a song, while today shares in Kamikaze Bank were suspended after they nose-dived.
While Samurai Bank is soldiering on following sharp cutbacks, Ninja Bank is reported to have taken a hit, but they remain in the black.
Furthermore, 500 staff at Karate Bank got the chop and analysts report that there is something fishy going on at Sushi Bank where it is feared that staff may get a raw deal.
Dodger.

Oct 30, 2008 01:28	#1
WANHU Points: Join Date: Feb 20, 2007 Status: Offline	Any announcement for Yakuza and Geisha Banks?

Oct 30, 2008 01:46	#2
DAVEC Points: Join Date: Apr 14, 2007 Status: Offline	Nice one, caught our friend above well and truly

Nov 5, 2008 13:23	#3
SETH Points: Join Date: Feb 22, 2008 Status: Offline	>> Any announcement for Yakuza and Geisha Banks?<< Could be that government agents are gunning for the Yakuza Bank, while the Geisha Bank was sold for a song-and-dance?

Nov 5, 2008 20:49	#4
DODGER Points: Join Date: Jul 15, 2007 Status: Offline	Nice one Seth. Dodger.

Nov 6, 2008 03:43	#5
WESTNORWOODGAS Points: Join Date: Jun 22, 2007 Status: Offline	What about the Chinese banks? is the Chinese Consruction Bank rebuilding? he he Alan

Nov 6, 2008 03:49	#6
DODGER Points: Join Date: Jul 15, 2007 Status: Offline	Boom Boom! Dodger.

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