BUSINESSWEEK ONLINE : DECEMBER 20, 1999 ISSUE
INTERNATIONAL -- FINANCE

The Power Grab


As MOF has lost its clout, others have rushed to scoop it up

FINANCIAL SUPERVISORY AGENCY
Regulates banks and life insurers. Is charged with selling off or merging bust lenders.

BANK OF JAPAN
Holds absolute sway over monetary policy. Often turns a deaf ear to MOF pleas.

MITI
Made itself the leader in pushing deregulation and Japan's Internet Economy.

LIBERAL DEMOCRATIC PARTY
Ruling party wrested control of policy from MOF and put more political appointees in top jobs.


DATA: BUSINESS WEEK


_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _


RELATED ITEMS
Fall of the Finance Shoguns (int'l edition)

TABLE: The Power Grab



INTERACT
E-Mail to Business Week Online

 
Copyright 1999, by The McGraw-Hill Companies Inc. All rights reserved.
Terms of Use   Privacy Policy