Word: yasuhisa
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...banking sector produced one of its own. Resona Holdings, Japan's fifth largest bank, declared it no longer had the capital to meet regulatory requirements and was asking the government for a massive $17.2 billion bailout?which could effectively lead to a nationalization of the bank. Resona's president Yasuhisa Katsuta also announced his resignation...
...weed out the weak. If the banks start calling in their bad loans, companies from these sectors would be first in line, so it has been in the interest of the L.D.P. to stave off such a day of reckoning. "Say there are five companies in one industry," says Yasuhisa Shiozaki, a reform-minded L.D.P. lawmaker. "Government interference makes them all as unproductive as the weakest one of the five." It does that with direct subsidies, by shielding them from imports and by not forcing lenders to call in bad loans...