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To: cloud8
It this a big first step, or a small one in the reform of the entire banking system?

Please forgive my curiousity, but what reforms you would like to see in Japan's banking system?

6 posted on 09/04/2005 8:31:23 AM PDT by snowsislander
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To: snowsislander
> what reforms you would like to see in Japan's banking system?

My understanding is that there were a lot of bad loans, that the Japanese government was trying to prevent the collapse of the banking system by bailing the banks out, and the whole mess was stalling the recovery of Japan, Inc.

Some info here.

8 posted on 09/04/2005 9:11:31 AM PDT by cloud8
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