Gov't to use public funds to help firms overcome crisis

Wednesday 28th January, 06:55 AM JST

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some14some at 06:38 AM JST - 28th January

It will light up TSE temoprarily, money will dry-up putting heavy burden on tax-payers, in less than three years time limit.
NuckinFutz at 08:01 AM JST - 28th January

Yakuza and politicians REJOICE! Free money is on its way!
buttamimi at 08:05 AM JST - 28th January

Billions have been spent on an idiotic war in Iraq, so it's good to see money being spent in a way which will actually help people.
Patrick Smash at 09:47 AM JST - 28th January

Companies that have deep connections to LDP politicians will be eligible of course.
paultaut at 02:54 PM JST - 28th January

What entrenched company doesn't have deep connections to local economies? That's how they were able to survive long enough to begin with.

This new system just helps the Banks which will be able to "lend", LEND is the Keyword. This something US Banks are not doing. Backstopping the lending in this manner, will mean less involvement by the Government in companies outside of the Financial arena. This is what the US should do. IMHO
mrgalactic at 05:04 PM JST - 28th January

"companies must be able to raise profits in about three years, Nikai said at a news conference."

Guess that leaves out Toyota, Sony, Hitachi, Panasonic, Nissan, etc. Cmon folks get real, the auto industry is dead here as are major electronic companies. They will have to fudge the numbers, again (?), to even come close to showing a profit in these industries.