Humour in financial dark times

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"Following the problems in the financial services sector in both the UK and the USA, uncertainty has now hit Japan.



In the past 48 hours, 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



While Samurai Bank is soldiering on following sharp cutbacks, Ninja Bank is reported to have taken a hit, but they remain in the black.



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 that staff may get a raw deal."



- Anonymous

Comments

Pike-chan said…
hope it's not going to be another cycle of recession...
October 10, 2008 at 7:02 PM
Jaded Jeremy said…
pikey,
I'm pretty sure some countries will have recession, unfortunately. Singapore's 3rd quarter GDP shrunk.

It's irrational fear globally, notably in US. IMHO, governments should stop announcing anything they're going to do because market is going to see it as bad news regardless. All this money pumped into the system is just wasted.
October 11, 2008 at 12:56 AM
Medie007 said…
0.o are those really the names of the banks? was like initially okay bonsai bank... then goodness, why so ridiculous karaoke bank?? hahah
October 11, 2008 at 9:22 AM
Jaded Jeremy said…
ah-bong,
No-lah. These are just made up by nicely done because the words used are specific to the made up names e.g. "Origami...folded", "Sumo...belly up", "Sushi...raw deal"
October 11, 2008 at 9:48 AM
William said…
Sorry I missed the opening. Hey! I have money in Origami Bank!
October 11, 2008 at 12:30 PM
Jaded Jeremy said…
william,
It's ok. Thanks for dropping by...even without skank ;-)

Monopoly money?

Update: Singapore in technical recession! Forgot/didn't realise that GPD shrunk in 2nd quarter too.
October 11, 2008 at 11:14 PM
JamesW850i said…
Cheer up and hang on tight for the moment bah. I think it'll persist for sometime before all fog will ne cleared and back to another business cycle le.
October 15, 2008 at 3:25 PM
Jaded Jeremy said…
JamesW850i,
Nah, not too worried...not yet anyway. In reality, Singapore not in recession as far as I can tell. It's just technical recession at the moment.
October 15, 2008 at 7:34 PM
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