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News From Japan – Update on Banking Crisis (Joke)

Fact-check by Hoax-SlayerPublished 1 min read

The original site is no longer online; links go to the Internet Archive copy.

The claim

Email claims that several Japanese banks, including the “Origami Bank”, the “Sumo Bank” and the “Bonsai Bank” are experiencing major difficulties due to the US sub-prime lending crisis.

Update on Banking crisis… news from Japan

Following the problems in the sub-prime lending market in America and the run on HBOS in the UK, uncertainty has now hit Japan.In the last 7 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.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.

Rated Hoax by Hoax-Slayer.

What the fact-checkers found

This story was first published on 17th October 2008

Just a joke

Original source: hoax-slayer.netNo longer online, so this opens the Internet Archive copy.Open the archived copy
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