Shirakawa on earthquake response efforts

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Masaaki Shirakawa, the governor of the Bank of Japan, on Monday described the Bank of Japan's emergency response effort to the earthquake last month and said his initial reaction to the events was to secure stability in financial markets.

At a meeting hosted by the Institute of Regulation & Risk, North Asia, Shirakawa said: "What we feared most immediately after the disaster was a situation in which a deterioration in business sentiment or an increase in investors' aversion to risk would lead to

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