News Flash: Credit Crunch Hits Japanese Banks

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Chris
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News Flash: Credit Crunch Hits Japanese Banks

Post by Chris » Sat Oct 04, 2008 12:38 am



Following the problems in the sub-prime lending market in America and its repercussions here in the UK , uncertainty has now hit Japan .

In the last 7 days the Origami Bank has folded, the Sumo Bank has gone belly up and the Bonsai Bank announced plans to cut some of its branches.

Yesterday, it was announced that the Karaoke Bank is up for sale and will likely go for a song, while today shares in the Kamikaze Bank were suspended after they nose-dived.

While the Samurai Bank is soldiering on following sharp cutbacks, the Ninja Bank is reported to have taken a hit, but they remain in the black.

Furthermore, 500 staff at the Karate Bank got the chop and analysts report that there is something fishy going on at the Sushi Bank where it is feared that staff may get a raw deal.


Sayonara, Chris




Chris
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Re: News Flash: Credit Crunch Hits Japanese Banks

Post by Chris » Sat Oct 04, 2008 12:40 am




The new style US Dollar:

http://i231.photobucket.com/albums/ee4/ ... age001.jpg


Yeiamas, Chris



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