``Use deposit insurance to bring the situation to an end quickly'', former Bank Director Yoshida turned pale at the advice of Bank of Japan Governor Mieno - Dismantling the myth of bank insolvency ③ | Politics, Economy, Investment | Toyo Keizai Online
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In the spring of 1993, Masaki Yoshida, a former bank director, was entrusted with rebuilding the Bank of Hyogo, which had become a source of credit instability.
In the spring of 1993, Masaki Yoshida, a former bank director, was entrusted with rebuilding the Bank of Hyogo, which had become a source of credit instability. After repeatedly declining the position, he decided to accept the position, but was shocked when he was faced with the reality of bad debts that exceeded his imagination. The myth that banks will never fall is starting to crumble...
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