Financial Times FT.com

US woes are a taste of honey for Japan

By Gillian Tett

Published: September 23 2008 21:16 | Last updated: September 23 2008 21:16

A few years ago I wrote a book* about hyperactive US financiers who were gobbling up crisis-ridden banks in Japan.

Back then, at the turn of the century, it seemed self-evident who was on the winning side.

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