Saving the Sun: Japan's Financial Crisis and a Wall Stre

The book "Saving the Sun" is a gripping tale of the world's largest private equity deal, where American investors made billions rehabilitating a failed Japanese bank.

The story delves into the dramatic tale of Japan's brightest financial minds and their struggle against economic failure in the 1990s.

With a unique approach, the author focuses on the history of the Long Term Credit Bank (LTCB) to uncover the root causes of Japan's economic stagnation.

The twists and turns of the LTCB saga offer cultural and political eye-openers, revealing the consequences of Japan's reliance on old ways of doing business.

The author argues that this led to the proliferation of nonperforming loans, burdening the banking system with over a trillion dollars in the 1990s.

This fascinating book provides valuable insights into Japan's economy and its struggle to revive prosperity.