Word: teikoku
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...bankruptcy early next year. During Japan's late-1980s bubble, schacho (CEOs) flooded the links, paying up to $1 million for a membership. Today a membership costs about $22,500. In the past three years nearly 200 of Japan's 2,400 golf courses have declared bankruptcy, according to Teikoku Databank, a credit-research agency. "Goldman is buying these distressed properties at a great discount," says Joel Gomberg, an analyst at William Blair & Co. "There's great value potential here; it's a savvy move." Among Accordia's tactics to lure people to the game--which many Japanese have played...
...would come in the form of unemployment. Calling in those loans would force the loan-takers to sell off assets, resulting in many cases in bankruptcy. Already, bankruptcies are at a record high. In the 12 months through June 19, 194 companies went belly-up according to bankruptcy trackers Teikoku Databank. Among those were national institutions like the Sogo chain of department stores and giant insurance company Tokyo Mutual Life...
...well-dressed, middle-aged man walked into a branch of Tokyo's Teikoku Bank wearing the armband of a municipal official. Claiming that he was a city health inspector, the man ordered the bank manager to summon all his employees so that he could give them a dose of antidysentery medicine. The employees gulped the potion, then collapsed in agony. From the open vaults, the medicine man grabbed about $185 in cash and disappeared into the street. Behind him, twelve people lay dead of cyanide poisoning...
...Another big sales stimulator has been the atom bomb. For such customers as the Metropolitan Life Insurance Co., Mosler has built a bombproof stronghold for records 30 feet below Metropolitan's Manhattan headquarters, which even a direct hit will not destroy. (A Mosler vault in Hiroshima's Teikoku Bank, only 300 yards from the center of the atom bomb's blast, was unbreached, and the bank was rebuilt around...
...blunt speech before a special session of the imperial Diet--the Teikoku Jikai--the Foreign Minister asserted that Japan proposes abolition of the ratio principle of naval strength between herself, Britain, and the United States and "Establishment of a common upper limit for the powers concerned...