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Sure way to lose money, buy US debts
An honorable member of the Coffee Shop Has Just Posted the Following:
https://www.wsj.com/articles/japane...ole-11590582336?mod=lead_feature_below_a_pos1 The bank that works for Japan’s farmers and fishermen thought it had found a fertile field to till in America. But after taking a nearly $4 billion hit on debt tied to risky companies, the bank’s chief says he has had enough of one of Wall Street’s favorite crops. Norinchukin Bank said Wednesday it had unrealized losses of about ¥400 billion... Sure way to lose money, buy US debts Click here to view the whole thread at www.sammyboy.com. |
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