Saving the Sun
How Wall Street Mavericks Shook Up Japan's Financial World and Made Billions
Chapter One
Samurai Bankers
After the war we had a system that was really a type of socialism under the disguise of capitalism. The bureaucrats directed everything, in a wise way, and we all accepted that and worked together very hard. The system worked well for a few decades.
- Yoshiyuki Fujisawa, former chairman of IBJ
In the evening of June 8, 1999, the Tokyo police telephoned Katsunobu Onogi at his house. "Tomorrow we are going to arrest you," the caller said politely, "please take care to be ready!" Staging the arrest so everything could be done in the proper fashion, the police asked Onogi to suggest a convenient location. Japan is clearly not a country that leaves room for surprises.
Nor was Onogi surprised. As he put down the telephone, part of him felt relieved. He was grateful that the police did not plan to drag him away in a disorderly fashion. At the age of sixty-three, Onogi had spent his entire life behaving with ... read full excerpt from: Saving the Sun ebook
