[lbo-talk] Japanese banks hemorrhage

BrownBingb at aol.com BrownBingb at aol.com
Wed May 28 21:36:20 PDT 2003



>ICharles: Who'd they lose it to ?

The people who borrowed the money who can't pay it back.

^^^^^^^^^/

Charles: That would be 60 billion for our side, wouldn't it ? ( small businesses are with us when the rev comes )

^^^^^^^


>
> >
> >>Japanese banks hemorrhage
> >>
> >>By Shane Green, Herald Correspondent in Tokyo
> >>May 27 2003
> >>
> >>Japan's troubled top seven banks reported a combined
> >>record loss of about ¥4.62 trillion ($60 billion)
> late
> >>yesterday, reinforcing warnings from the country's
> >>central bank that the world's second largest economy
> >>could plunge into crisis at any time

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