Ben Oostdam story # 407

JAPANESE BANKS PANIC




		
		
Subject: Panic!!! Japanese Banks now feeling the crunch
 

 

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 are soldiering on following sharp cutbacks, Ninja
Bank are 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.

SORRY!!!

 





Thanks to John Nixon
and/or unknown author!

BLO fecit 20081018 - stories