The first verse might look familiar, but the second and third verses are local, home-grown talent in action:
Following the problems in the sub-prime lending market in America and the run on Northern Rock 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. Samurai Bank is soldiering on following sharp cutbacks; and investors are reported to be in the dark about Ninja Bank.
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 staff may get a raw deal.
While everyone’s fighting we’re forgetting about Honda Building Institute where the wheels came off completely, National Bank of Anime that completely lost the plot and Haiku Bank whose share price changed from 17 Yen — the first time in the bank’s history and a horrifying experience for its investors.
Sushi Bank did report that it tried to save its subsidiary Wasabi Loans, but the horse had truly bolted and the market had really pasted it too much.
But why forget the good news re Fuji Bank where stock prices soared to record highs, unlike Tsunami Bank where shareholders waved their investments goodbye?
Stocks in the Nippon Brake Pads are coming to a standstill, while matters at YKK seem to have come unzipped.
Nippon Airways are seeing soaring profits, while Canon’s investment strategy seems picture perfect.
Seiko’s portfolio is ticking along nicely, although Citizen did announce that they’re winding down business. Isuzu are motoring along quite nicely, but many feel that Kansai Power Company are doing shockingly.
Sega, Nintendo, Namco, and Konami are facing the market problems with their game faces on.