Word: corpe
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Dates: during 2000-2009
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...financial sector following similar moves by the U.S. and Europe. Japan's national banks are considered to be in much better shape than counterparts in the West. But after the recent failures of Yamato Life Insurance Co., one of the country's major insurers, and New City Residence Investment Corp. a real estate investment trust (REIT), government officials are pushing to reactivate the law as a precautionary measure. "Huge storms are coming to Japan from abroad," says Masaaki Kanno, chief economist at JPMorgan Securities Japan. "It's not a bad idea to set up those laws to avoid or minimize...
...isolated case and not an indication of an ailing insurance sector, some economists say there is growing concern about Japan's property market and the damage that could be done to the banking system if real estate developers and owners began failing in large numbers. New City Residence Investment Corp. became the first REIT to go under since stocks of property trusts were first allowed to trade publicly on the Tokyo Stock Exchange in 2001. "The major REIT failure last week has affected the regional banks' balance sheets," says Shirakawa, adding that the trusts could be bellwethers signaling trouble...
...interviews were conducted via telephone by Opinion Research Corp. Oct. 11-14, 2008. Results for the five polls are among likely voters and have an error margin of 3.5 percentage points...
...show their seriousness about the package, Pelosi and the Democrats actually came to work on Columbus Day, when the federal government - the Postal Service, the Pentagon, the Pension Benefit Guaranty Corp. and all the rest - was shut down. "Even a holiday of such importance could not stand in the way of our coming together here in Washington to deal with the financial crisis that is facing our country," Pelosi said after the Capitol session. FDR would certainly understand: he proclaimed the first Columbus Day in 1934, in the depths of the Great Depression...
...interviews were conducted via telephone by Opinion Research Corp. Oct. 3-6, 2008. The Indiana and North Carolina polls have an error margin of 4 percentage points among likely voters. The New Hampshire, Ohio and Wisconsin surveys have an error margin of 3.5 points...