JAPAN TAPS FOREX RESERVES TO HELP JAPAN FIRMS ABROAD

That is the headline doing the rounds from yesterday in Japan. The plan to lend USD 5 BILL from the USD 1 TRILL reserves to the Japan Bank for International Cooperation so that the bank can make dollar loans to cash starved companies.

First in the queue apparently is Toyota. Toyota! Known in Japan as "Toyota Bank"for its strong balance sheet!?!^?#@!