Yamato Life becomes 1st Japan financial firm to fail on subprime

Yamato Life becomes 1st Japan financial firm to fail on subprime

TOKYO, Japan - Takeo Nakazono (C), president of Yamato Life Insurance Co., speaks about the company's bankruptcy at a news conference in Tokyo on Oct. 10. Yamato went bankrupt due to losses related to the U.S. subprime crisis, becoming the first Japanese financial institution to fail amid the ongoing global financial meltdown.

  • Product Code
  • ILEA001130144
  • Registered date
  • 2008/10/10 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2008 Kyodo News
  • Media size
  • 1638 × 1303 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 426.28(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

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