Tuesday, October 14, 2008

Lending Market Problems have now hit Japan

Just For Laugh

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 are soldiering on following sharp
cutbacks, Ninja Bank are 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.

No comments:

Related Posts with Thumbnails