Fed OKs request for Japan stake in Morgan Stanley
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- English Instructor (Osaka, Kyoto, Kobe)
- Berlitz Japan, Inc. (ベルリッツ・ジャパン株式会社), Kansai
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- FT English Teachers for Kids - Osaka
- Kohgakusha Co., Ltd. （株式会社興学社）, Osaka
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- ZAIHON, Inc. (日本財務翻訳株式会社), Tokyo
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tkoind2
I am very worried about J-banks going after strong stakes in external banks. Don't they have enough of their own issues to deal with? And won't this increase risk to both the J consumer and economy?
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TokyoVP
This is like Japan buying Pebble Beach and Rockefeller Center in the 1980s. The wrong investment at the wrong time. Does anybody believe there is a bright future for investment banking over the mid-term?
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some14some
Fed will welcome any such move whether from Japanese Bank or non-Japanese, Fed just wants to get rid of bad assets.
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