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You are here: Home / blog / Japan has bank problems too…..

Japan has bank problems too…..

Wed 01st October 2008 by tkey Leave a Comment

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…….

ah sooo

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