General Chat Thread, Bank Problems Start To Hit Japan in General; Following the problems in the sub-prime lending market in America and
the run on Northern Rock in the UK, uncertainty ...
6th October 2008, 03:33 PM #1
Bank Problems Start To Hit Japan
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 was 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
staff may get a raw deal.
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