This program has been strongly criticized by the Japanese media and “known people japan property agency.” Just after President Miyun Nokang just announced that he would not save the “bad boy” japan property agency, the central bank directly came forward to save the two financial institutions japan property agency. The bad guys are not punished. The Bank of Japan has quickly stated that the central bank’s approach is based on the 25th regulation of the Banking Act japan property agency, and the central bank acts as the ultimate payer to help difficult financial institutions. Obviously, Mie Yekang confuses the fact that ultimately the payer only needs to provide the necessary liquidity support japan property agency, rather than directly contributing to become a shareholder. The “Asahi Shimbun” quoted the statement of the Bank of Japan spokesperson japan property agency. This is the first time the central bank has used Article 25 since the establishment of the Banking Law for 30 years! Unexpectedly, the central bank will also refer to Article 25 for the 2nd, 3rd, 4th, and nth times. Although at the end of 1994, the Bank of Japan tried to cut interest rates to stabilize real estate prices. Another deposit-taking institution in the Tokyo metropolitan area declared business failure. In August, Kizu Credit Union and Hyogo Bank in western Japan declared bankruptcy. Among them, the estimated loss of Kizu Credit Union reached 1 trillion yen. The central bank can’t find a private company that is willing to take over, and asks the grandfather to tell his grandmother and face the face. Japanese financial regulators feel that in response to the growing collapse of credit unions, they announced that their New York branch had a significant loss of $1.1 billion. In order to make up for the loss of real estate/stock investment in Japan, a senior staff illegally misappropriated funds and forged credits to Jusen in Japan. On November 3, the Federal Reserve’s New York branch asked Daiwa to close all its branches throughout the United States and stop all operations. Finally, the real estate crisis in Japan has also had an impact on the international community. The Daiwa incident led the Ministry of Finance to investigate Jusen. Do not check, I don’t know, I’m scared. In 1995, the seven largest Jusen companies lost a total of 6.4 trillion yen, while their total capital was less than 2 trillion yen. After fierce debates, the remaining 685 billion yen was paid by Japanese taxpayers. Use taxpayer’s money to save real estate P2P! This has caused strong dissatisfaction in society. So for quite a long time, no government official dared to discuss this topic at a press conference. In the New Year of 1997, the Ministry of Finance and the Central Bank jointly held a New Year’s Day celebration. The leaders expressed their condolences to the officials who worked overtime to deal with the bankruptcy. I sincerely hope that the new year will not have so much trouble. As a result, the phrase became awkward. Large-scale involvement in the real estate market, the burden of non-performing assets is heavy. It is the smallest of the three long-term credit banks in Japan.
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