Japan unveils bridge bank plan

Japan unveils bridge bank plan

Former Japanese Prime Minister Kiichi Miyazawa (standing) addresses a joint session of government and ruling Liberal Democratic Party (LDP) leaders called Thursday July 2 to adopt a bridge bank plan aimed to salvage the country's financial system by speeding up disposal of bad loans. Miyazawa chairs a special LDP panel set up to study financial reform. Seated on the right side are Prime Minister Ryutaro Hashimoto (2nd from right) and his cabinet members.

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