Japan's Finance Ministry strongly denied playing any role in the New York stock-price free fall. Makoto Utsumi, vice minister for international affairs, said the ministry didn't in any way suggest to Japanese banks that they stay out of the UAL Corp. leveraged buy-out.
Japanese banks should be cautious about leveraged buy-outs in general
The ministry has never even suggested that Japanese banks be cautious about leveraged buy-outs in general, Mr. Utsumi said.
Japan's Finance Ministry strongly denied playing any role in the New York stock-price free fall. Makoto Utsumi, vice minister for international affairs, said the ministry didn't in any way suggest to Japanese banks that they stay out of the UAL Corp. leveraged buy-out.</s>The ministry has never even suggested that Japanese banks be cautious about leveraged buy-outs in general, Mr. Utsumi said.</s>Japanese banks should be cautious about leveraged buy-outs in general