According to our inside contacts the Japanese banking crisis shows no signs of ameliorating. If anything,it’s getting worse.
Following last week’s news that Origami Bank had folded,we are hearing that Sumo Bank has gone belly-up and Bonsai Bank plans to cut back some of its branches. Karaoke Bank is up for sale and is going for a song.
Meanwhile,shares in Kamikaze Bank have nose-dived and 500 employees at Karate Bank got chopped. Analysts report that there is something fishy going on at Sushi Bank and some staff there fear they may get a raw deal.

FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach.
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