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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (6250)	7/11/1998 11:29:00 PM
From: Ian@SI	Read Replies (2) \| Respond to of 10921

courtesy of Alan Abelson, the condition of Japanese banks as reported in the Financial Times... Perhaps, this should have been posted only on the "Jokes" thread. Enjoy, Ian. ... And of course, we're very much aware of the gravity and extent of the jam the banks are in, thanks in no small measure to the Financial Times. For that estimable journal recently published an unnerving rundown, boldly naming names, on the devastated Japanese banking scene. Here are some of the high points: "Origami Bank has folded... . We are hearing reports that Sumo Bank has gone belly up, and Bonsai Bank's growth has been stunted and it plans to cut back some branches. "... Karaoke Bank is up for sale and is rumored to be going for a song ... shares of Kamikaze Bank have nosedived ... 500 back-office staff at Karate Bank got the chop." As if this list of casualties wasn't disturbing enough, the paper also reported that "something fishy is going on at Sushi Banks, and staff there fear they may get a raw deal. And worst of all, even Miso Bank is in the soup." We call that real sake-to-'em journalism.