History of Nintendo card business reached its saturation point. Japanese households stopped buying playing cards, and the price of Nintendo stock fell from 900 yen to 60 yen. In 1965, Nintendo hired Gunpei Yokoi as a maintenance engineer for the assembly line. However, Yokoi soon became famous for much more than his ability to repair conveyor belts. Nintendo struggled to survive in the Japanese toy industry; it was still small at this point, and dominated by already well-established companies such as Bandai and Tomy. Because of the generally short product life cycle of toys, the company always had to come up with new
First Republic Bank Corporation devaluation. In efforts to remain solvent RepublicBank Corporation in 1987 merged with InterFirst Bank Corporation, also based in Dallas, resulting in the First RepublicBank Corporation. The combined First RepublicBank was unable to weather the downturn and was shuttered within a year, in what was at the time the largest bank failure in US history. In 1988 NCNB Corporation acquired First RepublicBank from the FDIC, and in 1991 changed its name to NationsBank. First Republic Bank Corporation First Republic Bank Corporation was an American bank based in Texas. Founded as the Guaranty Bank and Trust Company in 1920, in 1922 it