Fr. 19.50

Saving the Sun - How Wall Street Mavericks Shook Up Japan s Financial World and Made

English · Paperback / Softback

New edition in preparation, currently unavailable

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For more than a decade, Japan's dismal economy has been the biggest obstacle to economic growth. Why has the world's second largest economy been unable to save itself? This is the compelling story of the world's largest private equity deal in which American investors made billions of dollars rehabilitating Shinsei, a failed Japanese bank. It examines how Japanese cultural norms (such as the desire for social harmony, and an adherence to traditional ways) impede American-style economic growth. 'Saving the Sun is not simply about the fate of one Japanese bank. It is about the clash of two visions...and how hard it is to reconcile them. Both the paralysis that has gripped Japan as its economy shrinks and the human cost of that paralysis become more understandable by the time the book ends.' -Wall Street Journal

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