Newsweek
Flat on its Back

Japanfs leaders have finally admitted what the rest of the world already knew: the countryfs banking system is in critical condition. And thatfs the good news.

Oct. 21 issue - Something fundamental has changed in the way the world sees Japan. Last Friday, at the close of a nail-biting week in which Japanese stocks plunged to levels not seen in a generation, the Bank of Japan, led by outspoken governor Masaru Hayami, sounded an alarm about the nationfs deteriorating financial health.
To know what companies are in trouble, read the related article :

Pushed to the Edge

The new economic czar spooked Tokyo markets when he said no company is too big too fail. He didnft name names. But investors know who hefs talking about.