1. Blocked from passing the budget bill which includes the jusen plan yesterday, the government will likely try to submit it for a vote today. 2. Investors said that if the jusen bailout plan looks endangered, it may have a negative effect on bonds. 3. More sanguine investors are hopeful the government will steer the jusen plan through parliament without major alternations, said Shiraishi of Yamaichi International Capital Management. 4. Shinshinto Budget Committee member Takeshi Noda said questioning Kato is crucial because he was a central figure in formulating the jusen liquidation plan in his role as LDP secretary-general. 5. Some leading politicians have made remarks to justify the jusen liquidation plan that have been just plain irresponsible. 6. The two losers in the race were banking on widespread public outrage over the jusen plan. 7. They must now accept revision of their jusen plan and make a fresh start in the Diet, free from being preoccupied with trying to save face. 8. Hashimoto has said frequently that foreign governments and investors will lose confidence in Japan if the jusen plan falls apart. 9. The main opposition New Frontier Party had made the by-election a referendum on the jusen plan. 10. Many investors remained cautious, pending passage of the jusen resolution plan, as well as the expiry of the March futures contract Friday, brokers said. |