Following the financial crisis on Wall Street, uncertainty has now hit the banking sector in Japan.
In the last seven 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.
While Samurai Bank is soldiering on following sharp cutbacks, Ninja Bank is reported to have taken a hit, but they remain in the black.
A spokesman for Haiku Holdings was lost for words over the financial crisis, while according to rumours Nippon Bank was starting to feel the pinch.
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 staff may get a raw deal.
And another economy themed and finally... submission (Thanks Paul!) :
If you had purchased £1000 of Northern Rock shares one year ago it would now be worth £4.95.
With HBOS, earlier this week your £1000 would have been worth £16.50
£1000 invested in XL Leisure would now be worth less than £5.
However if you bought £1000 worth of Tennents Lager one year ago, drank it all and then took the empty cans to an aluminium re-cycling plant you would get £214.
Based on the above statistics, the best current investment advice is to drink heavily and re-cycle.
HUMOR - Japanese Banking...
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HUMOR - Japanese Banking...
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Re: OT Humor
Pete
Sometimes I wonder if it is worthwhile gnawing through the leather straps to get up in the morning..................
Sometimes I wonder if it is worthwhile gnawing through the leather straps to get up in the morning..................
Re: OT Humor
Mike Johnson,
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