Poor English saved Japan!

Japan's banks emerged from the 2008 global credit crisis largely unscathed because senior employees did not speak English well enough to have got them into trouble, the country's finance minister said Friday.
Taro Aso said bankers in Japan had not been able to understand the complex financial instruments that were the undoing of major global players, so had not bought them.
"There was an American who said Japanese banks are healthy, but that's not true at all. Managers of Japanese banks hardly understood English, that's why they didn't buy," Aso told a seminar in Tokyo.