06-10-2008, 07:48 AM
Subject: Uncertainty in Japan :-)
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 fell on its sword,
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.
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 fell on its sword,
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.