shocking subprime news from japan!
Following the problems in the sub-prime lending market in America and the run on Lehman's in the US and HBOS in the UK uncertainty has now hit Japan.
Reports indicate the Japanese banking crisis shows no signs of improving. If anything, it's getting worse. Following last week's news that Origami Bank had folded, it was today learned that Sumo Bank has gone belly up. Bonsai Bank plans to cut back some of its branches. Karaoke Bank is up for sale and going for a song.
Shares in Kamikaze Bank have nose-dived and 500 jobs at Karate Bank will be chopped. Analysts report that there is something fishy going on at Sushi Bank and staff there fear they may get a raw deal.
While Samurai Bank is soldiering on following sharp cutbacks, Ninja Bank is reported to have taken a hit, but they remain in the black.
Thankfully, Yakuza bank's losses are in single digits, investors are glad they haven't lost an arm and a leg. Yet.
Rumours abound that Kikoman bank cooked the books, saucy details to be released after things have simmered down.
heheheh just to relieve stress









