« Back To Business Top

Tokyo assembly OKs capital injection into Shinginko Tokyo

Saturday 29th March, 06:15 AM JST

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

3 Comments

  • dw at 12:10 AM JST - 30th March

    40bln... 40bln yen ?! And that's just to meet the 4% captial adequacy ratio for domestic banks! Just what's on their books ? As taxpayers, we should have the right to see where our money is going, especially if it's into a black hole / money pit. 40Bln could be better spent on setting up new schools or nursing facilities for either the badly needed younger generation or for the never ending elder generation.

  • Scrote at 09:39 AM JST - 30th March

    dw: Tokyo voters showed that they prefer their taxes be used to fund Ishihara's fascist mates, rather than schools or nursing facilities.

    I wonder if the Y40 billion will last until the end of the next fiscal year? If not, expect Ishihara to be back with his begging bowl once more.

  • borscht at 12:52 AM JST - 1st April

    The bank lost 93 billion in 3 years so I guess they'll lose this 40 billion in a year and a half. What could the city do with about 140 billion yen? Buy the Olympics? I agree - this money is gone.

Register or login to add a comment!