XJO 0.76% 7,921.3 s&p/asx 200

Financial Alert!! Following the problems in the sub-prime...

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    Financial Alert!!


    Following the problems in the sub-prime lending market in America
    and the run on Northern Rock BS in the UK , uncertainty has now hit Japan .

    In the last 7 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.

    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 that staff may get a raw deal.
 
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