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Reply to "Sharp has Serious Money Problems!"

Just as things seem to get better! The nightmare continues.


COMMENT-Japanese banks should kill the Sharp zombie
Thu Aug 30, 2012 3:41am EDT

* Japanese banks should let Sharp go bankrupt

* Sharp shows all that is wrong with Japanese business

* Bailing out Sharp may not turn company around

By Nachum Kaplan

Aug 30 (IFR) - The traditional way to kill a zombie is to put salt in its mouth and sew its lips shut. In the case of Japanese zombie companies, a better approach would be for creditor banks to stop bailing them out and let them go bankrupt. Electronics maker Sharp Corp looks just like a zombie in need of such slaying.
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