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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (7884)	5/23/2007 8:17:48 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 33421

THAT was an interesting article!! Thanks John!! My Japanese girlfriend was a licensed compliance officer at her previous Japanese brokerage. I had to send her the article since she's actually applied for a job with a US based branch of Sumitomo-Mitsui. Hawk

To: John Pitera who wrote (7884)	5/24/2007 2:18:48 AM
From: Elroy	Respond to of 33421

Mr. Nozaki says the capital bases of Japanese banks, though improved significantly recently, are still much weaker than those of top Western banks. It may be "five or 10 years until the Japanese banks can catch up," he says. Do most Japanese still keep their savings in the Postal system? That was how it was 18 years ago when I lived there. I recall something about them trying to change consumer's savings from the postal system into the banking system, but not sure what happened with that.