Financial crisis hits Japan

[johnnyk]

Following the problems in the sub-prime lending market that started in
America, the run on Northern Rock in the UK and the recent fire sale
of various US & UK banking institutions, 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 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 that staff may get a raw deal.

[Big Boy]

There was a more comprehensive version of this in Best of British today

[dtaai-maai]

Yep, where are those moderators when you need 'em, eh?

[johnnyk]

oops! B of B isn't a thread I look at so I missed it. Sorry for taking up b'width.
Mods, you can bin it, I won't be mad!

[JD]

Locked and moved to Foo at the request of the OP.