http://home.kyodo.co.jp/modules/fstStory/index.php?storyid=342215
*'Mr. Yen' warns optimism on credit crunch over subprime woes*
Japan and fellow Group of Seven economic powers should remain vigilant
against a possible aggravation of the credit crunch stemming from the U.S.
mortgage loan problem as its impact on the real economy is still unknown, a
former senior Finance Ministry official said.
''The subprime mortgage loan problem is much more serious than widely
thought in Japan, though optimism is growing here as Japanese financial
institutions incurred few losses,'' Eisuke Sakakibara told Kyodo News in a
recent interview.
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