Securitization of troubled loans in Japan

The following is the script of my presentation prepared for a certain group of executives who works at foreign financial institutions in Tokyo and is interested in the current financial movement in Japan. I upload this script for Mr. Verde@Itoh who is trying very hard to blush up his English communication skills.

Of course, I hope this script is of some help for those who are interested in Securitization of troubled loans in Japan and not successful in finding English resources to explain the current movement toward securitization of troubled loans in Japanese financial industry as well.