Must Listen

Must Read

What Art Thinks

Pre-Millennialism

Today's Headlines

  • Sorry... Not Available
Man blowing a shofar

Administrative Area





Locally Contributed...

Audio

Video

Special Interest

Daily News
19246
“Japan to Become More Like Cyprus – Bail - Ins for Japan Banks”
by Trunews   
June 14th, 2013
Buildings are reflected on a Bank of Japan board in Tokyo

The Financial Services Agency will take a new approach to dealing with troubled financial institutions, forcing losses on investors if necessary to reduce the taxpayer burden. Japan To Adopt ‘Bail-Ins’ For Failed Banks (Nikkei, gated) Non-gated info here: Japan to adopt ‘bail-ins,’ force bank losses on investors if needed, Nikkei says Japan’s Financial Services Agency will enact new rules that will forced failed bank losses on investors, if needed, via a mechanism known as a “bail-in,”

go back button