The banking crisis in Japan

Posted on October 7, 2008 by Chris

Seems like things are as bad in Japan as they are here in the US.

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More news from the banking sector on the wire this morning.

Uncertainty has now hit the Japanese banking sector

In the last 7 days Origami Bank has folded.

Sumo Bank has gone belly up.

Bonsai Bank has 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 the Sushi Bank where it is feared that staff may get a raw deal.

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