Japanese government plans stock market action

Japan plans to buy $227 billion in shares to boost marketBy Michael Kitchen8:11 a.m. EST Dec. 18, 2008NEW YORK (MarketWatch) -- "Japan's government said Thursday it is submitting a bill to parliament allowing for the purchase of 20 trillion yen ($227 billion) in stock to help stabilize the Japanese stock market, Kyodo news reported.Under the bill, the Banks' Shareholding Acquisition Corporation,