In case you invest in the Far East …..Following the huge financial problems rocking the very foundations of the
U.S. economy and the run on Northern Rock and Bradford & Bingley in the UK ,
and the spectacular failures of Fortis and Hypo in Europe , uncertainty has
now hit Japan hard.
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 direct hit, but all is not lost as 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…
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