Following the demise of Northern Rock, Lehman Brothers, HBOS and the Bradford and Bingley, the banking crisis has hit Japan.
In the past three days, the Origami Bank has folded, Sumo Bank has gone belly up and the Bonsai Bank has decided to cut some of its branches.
Yesterday, it was announced that the Karaoke Bank is to be sold and is likely to go for a song while, today, Kamikaze Bank shares were suspended after they nose-dived.
Samurai Bank has announced that it will soldier on but deep cuts are expected and Ninja Bank says it has taken a big hit but remains in the black.
500 staff at the Karate Bank will get the chop and analysts report something fishy going on at Sushi Bank where investors are expecting a raw deal.
H/Ts Andi B & Terry Wogan
Sunday, 5 October 2008
From Theo Spark at 09:54
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