Japanese banking failures!
nolf
Posts: 1,287
Following the problems in the sub-prime lending market in America and the
run on RBS in the UK, uncertainty has now hit Japan.
In the last 7 hours 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.
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.
*NB - I know...I know...*
(Got sent that by a lecturer today, just thought I'd share the pain)
run on RBS in the UK, uncertainty has now hit Japan.
In the last 7 hours 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.
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.
*NB - I know...I know...*
(Got sent that by a lecturer today, just thought I'd share the pain)
"I hold it true, what'er befall;
I feel it, when I sorrow most;
'Tis better to have loved and lost;
Than never to have loved at all."
Alfred Tennyson
I feel it, when I sorrow most;
'Tis better to have loved and lost;
Than never to have loved at all."
Alfred Tennyson
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Comments
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Run on RBS? Must have missed that.
Anyway:
Q. What's the definition of optimism?
A. A banker who irons 5 shirts on a Sunday...0 -
nolf wrote:Following the problems in the sub-prime lending market in America and the
run on RBS in the UK, uncertainty has now hit Japan.
In the last 7 hours 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.
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.
*NB - I know...I know...*
(Got sent that by a lecturer today, just thought I'd share the pain)
It's not just Japan - apparently the financial grapevine has it that several banks in Turkey are completely stuffed. [1]
David
[1] Not even Christmas yet, but I've jumped the gun with a Christmas gag of frankly Christmas-cracker standard...."It is not enough merely to win; others must lose." - Gore Vidal0
