Posts Tagged “Bizarre”

News Sources wrote an interesting post today on
Here’s a quick excerpt
I’m on my way out the door for a personal trip that will take me around Hokkaido, so I apologize for writing and posting in haste with what may contain a few leaps of logic and clerical errors, but I saw an article by Business Insider on Japan’s “bizarre new mortgage crisis” (with an inexplicable photo of a crazy Japanese female zombie). The post covers an issue with mortgages that I recently saw profiled in an NHK mini-documentary: With the onset of the recession, Japanese companies h

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News Sources wrote an interesting post today on
Here’s a quick excerpt
Earlier today, ten of the nation’s largest banks received permission from the Treasury to repay a fraction of the amounts loaned out. I know, it’s kind of bizarre. Permission to pay back a loan early? You’d think the feds would be thrilled. Here’s the scoop. While some of the banks were begging for funds, others were forced to take the funds at the insistence of the Bush administration in an attempt to stabilize the financial system. The idea was that forcing banks to take the money woul

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