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Strategies & Market Trends : ahhaha's ahs
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To: ahhaha who wrote (3354)11/1/2001 6:18:33 AM
From: frankw1900Read Replies (1) of 24758
 
Thanks. Another key phrase:

Kioi said there were some 55 private-sector ``loan servicer'' firms against which to compete at those auctions.

Only 55? The world's biggest financially crippled whale and only 55 sharks?

I was wondering about the private sector when I posted the Garbutt article.

I've spent the last 8 hours going through this sight: jin.jcic.or.jp Huge! Haven't got around to the FSA yet. Five hits on the site for fsa and one for rcc using the search engine.

Been looking at the sites of business and labour organizations. It would seem that Japan hasn't provided itself with law allowing failures to be resolved quickly, or indeed to prevent them. There was a discussion on a labour site about fiduciary duty wrt pensions and they were having to use English and US models and as far as I could see doing it because there was no applicable Japanese law.

Imai, the head of the Federation of Economic Organizations (Keidanren), says that even if there is economic stagnation for a while longer, better to put reforms in place first.... Lots of people striving to change things but the politicos/officials are all over the map.

Got a preliminary idea their tax system is even more awful than ours or yours.

Totally overloaded with info.

Grace is interested in housing, Monster hits for that. The housing stock is wretchedly substandard by pre WW1 (yes,1) standards of living area. If they got a little elbow room, financially, and if they reformed some real estate law, they could give their economy a lot of local stimulation dealing with that. But that's the view of a man from Mars - the Earthlings might have a different idea.
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