Word: plights
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Dates: during 2000-2009
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...Japan: Resona's plight...
...Japan: Resona's plight...
...Japan: Resona's plight...
...Japan: Resona's plight...
...meltdown of one of the country's top lenders has long been expected given Japan's chronic economic problems, and Resona's plight will only add to fears that the worst is yet to come. Curiously, however, the bank's bailout request may be something of a victory for Prime Minister Junichiro Koizumi's much-maligned financial-services czar, Heizo Takenaka. A Harvard-trained economist, Takenaka took up his current post last fall, vowing to clean up the banking sector, but powerful politicians thwarted his initial reforms. Takenaka retreated, seemingly having made yet another false start in Japan's halfhearted...