You think we have a banking crisis?...

August · 10-08-08, 10:01 AM

... It's nothing compared to Japan!

I've just read that uncertainty has now hit the Japanese banking sector:

In the last 7 days Origami Bank has folded.

Sumo Bank has gone belly up.

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.

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!

Happy Times · 10-08-08, 10:06 AM

Lets see who bites.

Sailor Steve · 10-08-08, 10:08 AM

I can only take so much punishment.

FIREWALL · 10-08-08, 10:09 AM

Good one August

Digital_Trucker · 10-08-08, 10:25 AM

I feel much better about our economic situation now

Tchocky · 10-08-08, 10:27 AM

Till about halfway down - How have I not heard of this?!!?

AVGWarhawk · 10-08-08, 10:27 AM

I think a lot of banks are in trouble. It was the American banks that broke the ice first and raised their hands. Now others around the world can follow suit as a result. Banks are a business. Not just a place to store your cash. Being they are a business, they are open to failure as we are witnessing around the world. How did all of them get this way? I'm not sure really. Poor business practices and decisions? To much speculation? I do believe everything will stablize but it will certainly take more than a week. It might be good to take the hit we are on Wall Street. Sometimes I think we are getting to big for our britches. What about Kamakazi Bank?

Konovalov · 10-08-08, 10:28 AM

Nice one.

Sailor Steve · 10-08-08, 10:45 AM

:rotfl: :rotfl: :rotfl:

GOT ONE!

Unless AVG is too subtle even for me...

AVGWarhawk · 10-08-08, 10:46 AM

Quote:

Originally Posted by Sailor Steve

:rotfl: :rotfl: :rotfl:

GOT ONE!

Unless AVG is too subtle even for me...

Not at all Steve...August got me on that one :rotfl:

Diopos · 10-08-08, 11:05 AM

Quote:

Originally Posted by Konovalov

Nice one.

Konovalov,
taking into account the current economic crisis maybe it's time to reevaluate your signature!

Dan D · 10-08-08, 11:47 AM

Investment advice from England:

"If you had purchased £1,000 of Northern Rock shares one year ago, they would now be worth £4.95. With HBOS, earlier this week, your £1,000 would have been worth £16.50. £1,000 invested in XL Leisure would now be worth less than £5. But if you bought £1,000 worth of Tennants Lager one year ago, drank it all, then took the empty cans to an aluminium recycling plant, you would get £214. So based on the above statistics, the best current investment advice is to drink heavily and recycle."

August · 10-08-08, 11:50 AM

Quote:

Originally Posted by AVGWarhawk

Quote:

Originally Posted by Sailor Steve

:rotfl: :rotfl: :rotfl:

GOT ONE!

Unless AVG is too subtle even for me...

Not at all Steve...August got me on that one :rotfl:

Don't put me on ignore...

Frame57 · 10-08-08, 12:04 PM

These situation must be a compound problem. Here is the USA the dems are blaming Bush naturally. In all fairness there has been lack of leadership. But the administration is not the cause. The cause goes back to the 70's where the banks were forced to start giving loans to those who should not have loans, then the greed factor came in slowly thereafter and finally caught up with us. If other countries followed this pattern that would explain things.

AVGWarhawk · 10-08-08, 12:46 PM

Quote:

Originally Posted by August

Quote:

Originally Posted by AVGWarhawk

Quote:

Originally Posted by Sailor Steve

:rotfl: :rotfl: :rotfl:

GOT ONE!

Unless AVG is too subtle even for me...

Not at all Steve...August got me on that one :rotfl:

Don't put me on ignore...

After I read it again...WTH

...I have been had!!:rotfl:

10-08-08, 10:01 AM	#1
August Wayfaring Stranger Join Date: Apr 2005 Location: Massachusetts Posts: 23,197 Downloads: 0 Uploads: 0	You think we have a banking crisis?... ... It's nothing compared to Japan! I've just read that uncertainty has now hit the Japanese banking sector: In the last 7 days Origami Bank has folded. Sumo Bank has gone belly up. 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. 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! __________________ Flanked by life and the funeral pyre. Putting on a show for you to see.

10-08-08, 10:08 AM	#3
Sailor Steve Eternal Patrol Join Date: Nov 2002 Location: High in the mountains of Utah Posts: 50,369 Downloads: 745 Uploads: 249	I can only take so much punishment. __________________ “Never do anything you can't take back.” —Rocky Russo

10-08-08, 10:09 AM	#4
FIREWALL Eternal Patrol Join Date: Mar 2006 Location: CATALINA IS. SO . CAL USA Posts: 10,108 Downloads: 511 Uploads: 0	Good one August __________________ RIP FIREWALL I Play GWX. Silent Hunter Who ???

10-08-08, 10:25 AM	#5
Digital_Trucker Silent Hunter Join Date: Jul 2007 Location: The Peach State Posts: 4,171 Downloads: 141 Uploads: 10	I feel much better about our economic situation now __________________ RSM-GIEP-Killflags-LV Tribute-Playable Elco __Peace be with you, Dave.

10-08-08, 10:27 AM	#6
Tchocky Navy Seal Join Date: Jul 2004 Posts: 5,874 Downloads: 6 Uploads: 0	Till about halfway down - How have I not heard of this?!!? __________________ [SIGPIC][/SIGPIC]

10-08-08, 10:06 AM	#2
Happy Times Ocean Warrior Join Date: Jun 2005 Location: Finland Posts: 2,950 Downloads: 10 Uploads: 0	Lets see who bites.

10-08-08, 10:27 AM	#7
AVGWarhawk Lucky Jack Join Date: Jun 2005 Location: In a 1954 Buick. Posts: 28,253 Downloads: 90 Uploads: 0	I think a lot of banks are in trouble. It was the American banks that broke the ice first and raised their hands. Now others around the world can follow suit as a result. Banks are a business. Not just a place to store your cash. Being they are a business, they are open to failure as we are witnessing around the world. How did all of them get this way? I'm not sure really. Poor business practices and decisions? To much speculation? I do believe everything will stablize but it will certainly take more than a week. It might be good to take the hit we are on Wall Street. Sometimes I think we are getting to big for our britches. What about Kamakazi Bank? __________________ “You're painfully alive in a drugged and dying culture.” ― Richard Yates, Revolutionary Road Last edited by AVGWarhawk; 10-08-08 at 10:45 AM.

10-08-08, 10:28 AM	#8
Konovalov Ocean Warrior Join Date: Sep 2002 Location: High Wycombe, Bucks, UK Posts: 2,811 Downloads: 9 Uploads: 0	Nice one. __________________ "In a Christian context, sexuality is traditionally seen as a consequence of the Fall, but for Muslims, it is an anticipation of paradise. So I can say, I think, that I was validly converted to Islam by a teenage French Jewish nudist." Sheikh Abdul-Hakim Murad (Timothy Winter)

10-08-08, 10:45 AM	#9
Sailor Steve Eternal Patrol Join Date: Nov 2002 Location: High in the mountains of Utah Posts: 50,369 Downloads: 745 Uploads: 249	:rotfl: :rotfl: :rotfl: GOT ONE! Unless AVG is too subtle even for me... __________________ “Never do anything you can't take back.” —Rocky Russo

10-08-08, 11:47 AM	#12
Dan D Grey Wolf Join Date: Jul 2002 Location: 9th Flotilla Posts: 839 Downloads: 0 Uploads: 0	Investment advice from England: "If you had purchased £1,000 of Northern Rock shares one year ago, they would now be worth £4.95. With HBOS, earlier this week, your £1,000 would have been worth £16.50. £1,000 invested in XL Leisure would now be worth less than £5. But if you bought £1,000 worth of Tennants Lager one year ago, drank it all, then took the empty cans to an aluminium recycling plant, you would get £214. So based on the above statistics, the best current investment advice is to drink heavily and recycle."

10-08-08, 12:04 PM	#14
Frame57 Sea Lord Join Date: May 2008 Location: 1300 feet on the crapper Posts: 1,860 Downloads: 2 Uploads: 0	These situation must be a compound problem. Here is the USA the dems are blaming Bush naturally. In all fairness there has been lack of leadership. But the administration is not the cause. The cause goes back to the 70's where the banks were forced to start giving loans to those who should not have loans, then the greed factor came in slowly thereafter and finally caught up with us. If other countries followed this pattern that would explain things.