TOKYO (AP) - A government bailout at Japan's fifth biggest bank is fanning fears of another financial crisis and raising serious doubts about how truthful even bigger banks are being with their books.
The pumping of what will likely be trillions of yen (billions of dollars) of public money into Resona Bank follows massive injections of government money into the banks in 1998 and 1999. It underlines the catastrophic depth of Japan's banking problems.
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