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Written by Test Question Creation Committee №2

             I lost about 6 million yen money by stocks


I lost about 6 million yen money by stocks, investment funds, etc. several years ago in "Yamaichi Securities" ("Yamaichi Securities" went bankrupt). Therefore I am poor now.

I was enraged and went to say complaints to the branch manager of those days.But, the branch manager has disappeared and was not able to meet. A counter clerk  said,"It is an investor's self-responsibility", and was not made to merely meet to a branch manager. I went to draw out all the remaining money (Investment fund, National bond, Stocks, etc.) that it has in "Yamaichi Securities", and to deposit with "Mitsubishi Trust Bank" and "Nomura Securities."

When considering, the capital stock of a balance sheet decreased sharply, "Yamaichi Securities" of those days held "unlisted liabilities" in the large sum, and the financial-affairs situation was getting worse. When a rating agency "Moody's" classified "Yamaichi Securities" as it is speculative, within two - three days, the stock price fell to 1 yen and went bankrupt as a matter of fact. "Unlisted liabilities" was built by conspiracy of the chairman"Mr. Yukihira"  and the president "Mr. Miki" of those days. But the employee of "Yamaichi Securities" did not know the inside story as whom [ only ]. The new president's "Mr. Nozawa" cried "The employee of Yamaichi Securities is not bad. We, managements, are bad."  The successor president turned into the president only for the rearrangement. Only in order to carry out the annihilation disposal of the company of "Yamaichi Securities."

When considered, this company has real power taken by some of bad autocratic management persons, and the employee who says a complaint was relegated entirely at the subsidiary etc. It was only the securities company that is under the thumb of "Ministry of Finance", and there was no idea of a business subject like "Nomura Securities."

                                                                                       

                                            Written by Test Question Creation Committee

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