Zombie Banks

What is Zombie Banks?


1.

an institution which has a market worth of less than zero and is only able to operate with government guarantees; banks whose balance sheets are riddled with near-worthless investments; banks that cannot lend to credit-worthy customers

"(Government) should not be recapitalizing firms that should be shut down...(zombie banks) that made wrong decisions should fail."


0

Random Words:

1. Someone that uses the word 'Jain' excessively, Usually not in it's proper form. "you are a jain, your fish is a jai..
1. What a modern day ' emo' really is. Emo music is actually defined by such bands as Rites of Spring, and was really just anothe..
1. The phrase you exclaim after someone says that the time ends in a 6. CJ:It's 11:36 Carly:DEENINE! For slow people-its 11:36deeni..