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."

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Zombie Banks Edit Meaning

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Zombie Banks