Following the problems in the sub-prime lending market in America and the run on Northern Rock BS 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. The Samurai bank have slashed their holdings.
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.
Nori bank is however on a roll, and Yamamoto Bank has the world for their oyster; although Kawasaki bank appears to have been taken for a ride, and Yamaha Bank has hit a sour note.
Several senior executives Minke bank have found themselves harpooned, yet the board claims they will be re-employed for research.
Even Miso Bank is in the soup, and an audit of the Tofu Bank is turning up questions about it's REAL assets. The Ninja Bank, although taking a hit, remains in the black.
The only ray of light in all this is the arrival of a new bank rising out of the ashes of the others. Its name - Hiroshima Savings - and their slogan - "we've survived worse than this!". Its merger with the Teppanyaki Bank is still hot and on the table.
Asian Bank problems
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Asian Bank problems
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Re: Asian Bank problems
GGGGGGGGGGGGGRRRRRRRRRRRROOOOOOOOOOOOOOAAAAAAAAAAAAAANNNNNNNNNNNNNNNNNNNN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Re: Asian Bank problems
That's it. I've had enough. Angelwing, we're revoking your pun license. Hand it over.
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