Advocate of hard-landing may join Japan debt team

JAPAN - Japan's best-known advocate of a "hard-landing" solution to the banking crisis is likely to be named this week a member of the taskforce charged with drawing up proposals to tackle the financial system's mountain of bad debts.

The Financial Times said Takeshi Kimura, the influential head of KPMG Consulting who has advocated the rapid closure of about 30 companies he believes account for the bulk of bad loans, was almost certain to be appointed, a senior government official said last ni

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