Yankee plotters
Conspiracy theories on the rise
“MR FOREIGN PRESSURE”: that is what one Japanese television network called John Taylor, America's top international-finance man at the Treasury Department, when he visited Tokyo last month. These days, American support for Japan's latest attempt to clean up its banks raises more than a few hackles. What most infuriates locals is foreign support for the new financial-affairs minister, Heizo Takenaka, whose proposals, many fear, will lead to bankruptcies and job losses.
This article appeared in the Finance & economics section of the print edition under the headline “Yankee plotters”
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