Wednesday, Jan 16, 2008
Japanese Banks also want a slice
Times: Japan poised to rescue Wall Street banks
"The three wealthiest Japanese finance houses are set to step into the worsening sub-prime carnage as the “silent investment partners” of Wall Street and Europe's stricken banking titans."
The Yen at its highest level in years will help.
Posted by happyrenterz @ 12:14 PM (297 views) Add Comment
2 Comments
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1. cyril said...
That's funny - I thought Japanese banks were supposed to old fashioned and inefficient.
2. Icarus said...
$10 billion doesn't sound a lot in this context. This is a game of billions and trillions.