Gambling at the Teller Window-

As if the Japanese banks weren't already in enough trouble, now it seems that they are going to start offering interest rates linked to the fortunes of a local baseball team.....

Bank to launch time deposits linked with Tigers victory

Saturday, March 9, 2002 at 10:00 JST AMAGASAKI

The Amagasaki Shinkin Bank said Friday it will launch a campaign March 18 that will link interest rates on its time deposits with the performance of the Hanshin Tigers baseball club. The bank based in Hyogo Prefecture said it will multiply interest rates for individuals who put their money in the deposits by 7.7 times ? a figure drawn from the number 77 on manager Senichi Hoshino's uniform ? if the club wins the Central League pennant.
(Kyodo News)

- posted by tempusmaster @ 11:49 PM