Bank crisis in Japan!
Posted: Wed Nov 14, 2007 4:20 pm
Following the problems in the US 'sub-prime' lending market that have hit UK banks such as Northern Rock and Barclays- it appears that several Banks in Japan are now reporting difficulties.
In Tokyo last week the Origami Bank was reported to have Folded, while the Sumo bank also went 'belly up'.
The Bonsai Bank is reported to be cutting it's Branches while shares in the Karaoke Bank have been sold for a song.
News of funding difficulties led to values of shares in the Kamikaze Bank nose-diving, while 500 members of staff in the Karate Bank have been given the chop.
Unconfirmed reports suggest some fishy goings on in the boardroom of the Sushi Bank, it's anticipated that shareholders and customers alike will get a raw deal!
In Tokyo last week the Origami Bank was reported to have Folded, while the Sumo bank also went 'belly up'.
The Bonsai Bank is reported to be cutting it's Branches while shares in the Karaoke Bank have been sold for a song.
News of funding difficulties led to values of shares in the Kamikaze Bank nose-diving, while 500 members of staff in the Karate Bank have been given the chop.
Unconfirmed reports suggest some fishy goings on in the boardroom of the Sushi Bank, it's anticipated that shareholders and customers alike will get a raw deal!
