11. Japanese have been shifting their funds into the postal savings system because of uncertainty about the stability of the financial system, economists said. 12. Jiji Press reported that the LDP wants the Finance Ministry to raise funds through bond issues instead of using postal savings to finance the operations of public corporations. 13. Japan may meet opposition from government-linked pension and postal savings funds for trying to use public money to bail out struggling banks. 14. Privatizing the postal savings system might be one of the most bitterly fought battles. 15. Sasaki-Smith said the government, through its postal savings program and pension fund, bought stocks last week when the Nikkei Index declined. 16. Sasaki-Smith said the government, through its postal savings program and pension fund, bought stocks when the Nikkei Index fell last week. 17. Shozaburo Jimi was named minister of posts and telecommunications to help Hashimoto carryout a plan to privatize the state-run postal savings system. 18. Some analysts reckon that money may come from sales of non-Japanese bonds held by government-linked pension and postal savings funds. 19. The bureau uses money from the national pension plan and the postal savings and insurance system to buy bonds. 20. The Japanese government should make its postal savings and insurance systems private, an advisory panel led by Prime Minister Ryutaro Hashimoto said. |