TURNING JAPANESE

NYT--The embattled insurer American International Group said Monday that it was selling its Japanese headquarters to the Nippon Life Insurance Company for $1.2 billion in cash.


Does this remind you of the early 90s when Japan Inc kicked off its lost decade with the forced divestiture of trophy assets such as Rockefeller center?

The Vapors - Turning Japanese
Uploaded by mg217 - Watch original web videos.

WE’RE TURNING JAPANESE
(Turning Japanese, The Vapors)
WilliamBanzai7

Sing along link: http://video.google.com/videosearch?q=turning+japanese&oe=utf-8&rls=org.mozilla:en-US:official&client=firefox-a&um=1&ie=UTF-8&ei=I1SnSeeUCMPDkAX694TJDQ&sa=X&oi=video_result_group&resnum=4&ct=title#

We’ve got a picture, We’ve got a picture,
Of horrendous economic news
You wrote “We love you” We wrote back “we too”
We sit here staring at Bloombergs, there’s nothing else to do
Oh it’s in color the DOW keeps going up n down
Our eyes are glazed And our deficit is flying in the clouds
Now we can kiss our Asset Bubble asses goodbye when there’s no one else around

We’ve got a picture, a real bad picture
Like a million years of stagnant economic hell
We want a doctor to take your picture
So we can look at your Lost Decade from inside as well
You’ve got us turning up and turning down
And turning in and turning ’round

[Chorus]
We’re turning Japanese
I think We’re turning Japanese
I really think so
Turning Japanese
I think We’re turning Japanese
I really think so
We’re turning Japanese
I think We’re turning Japanese
I really think so
Turning Japanese
I think We’re turning Japanese
I really think so

No loans, no bonus, no jobs, no women
No fun, no sun, no good news, no wonder it’s dark
Everyone around us is in layoff danger
Investors all avoid us like a cyclone ranger

[Chorus]