A Ministry Of Blunderers
Japan's elite Ministry of Finance is losing its standing within the global banking community. For the past five years, it has participated in a coverup of Japan's immense banking crisis, withholding vital information on up to $1 trillion in problem loans--from not only the Japanese public but also central bankers around the world, including the U.S. Federal Reserve.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Bitcoin Futures Deliver Wild Ride as Debut Brings Rally, Halts
- Investors Told to Brace for Steepest Rate Hikes Since 2006
- A Manager of $42 Billion Fears Bubble in World's Biggest Stocks
- World's Second-Tallest Building Opens With a Whimper After Delay
- Longtime NPR Host Tom Ashbrook Is Facing Misconduct Allegations