Page 1 of 1

Credit Crunch

Posted: Wed Mar 26, 2008 10:05 am
by Boxered
Following problems in the sub prime lending market in the States and its devastating effect on Northern Rock and Bear Stearns, uncertainty has now hit Japan.



In the last 7 days the famous Origami Bank has folded. Sumo Bank has gone belly up and the 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.



Today shares in Kamikaze Bank were suspended after they nose dived and 1000 staff at Karate Bank got the chop.



Analysts report there is something fishy going on at Sushi Bank where it's feared customers may get a raw deal.

Posted: Fri Mar 28, 2008 10:50 am
by Dog Tyred
Excellent :D

Do you do any work Steve or do you spend you whole day thinking this stuff up :wink:

Greg

Posted: Fri Mar 28, 2008 1:27 pm
by Boxered
Nu2beemers wrote:Excellent :D

Do you do any work Steve or do you spend you whole day thinking this stuff up :wink:

Greg
Not if i can help it :wink: , but I can't take the credit for this, it was passed on to me from a far wittier person than me!

Steve

Posted: Thu Apr 17, 2008 6:22 pm
by Man-of-Mystery
Because of cutbacks, the Japanese Minister of Finance also handles the Performing Arts portfolio and heads the Ministry of Defence. When asked if he would pledge any Government money to help the banking crisis, he said:

"Noh kendo!"

:D

M-o-M