Japanese Banking Woes

Yamaha FJR Motorcycle Forum

Help Support Yamaha FJR Motorcycle Forum:

This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.

BkerChuck

Second hand vegetarian
Joined
Aug 20, 2012
Messages
2,356
Reaction score
985
Location
Etters, PA
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 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.

 
...in the mean time, the Director of Banking in Japan, Sugiogo Moto ,nicknamed Fat Man, and his assistant, Soemeda Toyeto, nicknamed Little Boy, are having a blast watching the entire industry get nuked.

That is all.

 
Last edited by a moderator:
Top