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Message posted: 22nd Nov 07, 09:08 am
Username: z8000783
Frequent poster
Member since: Jun 2006
Posts: 923
Japanese Banking Crisis

Urgent news but DO NOT pass this on as it may cause another run on reserves.

Following the problems in the sub-prime lending market in America and the run on Northern Rock BS 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 many 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.

Furthermore, 500 staff at Karate Bank of Tokyo 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...



(Trolls Elves, Orcs and Hobbits need not respond. Thank You)


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