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"Saving the Sun tells the story of Long Term Credit Bank, one of the nation's most respected financial institutions, and its attempts to transform itself into a Western-style bank. Through the stories of three extraordinary men, former Financial Times Tokyo bureau chief Gillian Tett brings to life the bank's long struggle to regain its financial health. In the process, she shines a light into the secretive world of Japanese banking where business is done in sex bars and gangsters lurk behind the scenes. And, in a fast-paced narrative. Tett chronicles the internal conflicts between reform-minded and tradition-bound factions within the bank, as well as the powerful and protective Japanese bureaucracy."
"What emerges is the first viable explanation of what caused Japan to stumble from such economic heights - readers will finally understand what has hobbled that country. But what also emerges is the realization that a profound rift still exists between Japan and the rest of the world. Though Long Term Credit Bank's transformation into Shinsei bank had been a rousing success in financial terms, the Japanese press, government, and people have all but turned against the idea of American-style capitalism. Indeed, instead of reforming Japan, the banking crisis may have convinced ordinary Japanese, more than ever before, that they must go it alone."--Jacket.
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Saving the Sun: How Wall Street Mavericks Shook Up Japan's Financial World and Made Billions
September 7, 2004, Collins
in English
0060554258 9780060554255
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Saving the Sun: How Wall Street Mavericks Shook Up Japan's Financial World and Made Billions
September 7, 2004, Collins
Paperback
in English
0060554258 9780060554255
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Saving the sun: a Wall Street gamble to rescue Japan from its trillion-dollar meltdown
2003, HarperBusiness
in English
006055424X 9780060554248
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Saving the Sun: A Wall Street Gamble to Rescue Japan from Its Trillion-Dollar Meltdown
September 2, 2003, Collins
Hardcover
in English
006055424X 9780060554248
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Saving the Sun: A Wall Street Gamble to Rescue Japan from Its Trillion-Dollar Meltdown
September 2, 2003, Collins
in English
006055424X 9780060554248
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Book Details
Edition Notes
Includes bibliographical references (p. [317]-320) and index
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Miami University of Ohio MARC recordInternet Archive item record
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marc_openlibraries_sanfranciscopubliclibrary MARC record
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Work Description
Saving the Sun tells the story of the world's largest private equity deal where American investors made billions of dollars rehabilitating Shinsei, a failed Japanese bank. Within that business saga is the dramatic tale of Japan's brightest financial minds, the men who made the Japanese economic miracle come to life, and their struggle against the economic failure in the 1990s. Into this climate of despair, where Japan seemed incapable of reviving prosperity, came a group of wily and determined Americans who would discover just how different the Japanese really are.
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Feedback?September 9, 2024 | Edited by MARC Bot | import existing book |
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