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."


10

Random Words:

1. An alcoholic drink available in the state of Maine. It is made with allen's coffee brandy (extremely cheap version of kaluah) and ..
1. What Would Nixon Do? It's a good question that not many people ask and that not many people really want to know the answer to. Bra..
1. syntax used in emails, forums and instant messaging to indicate the start of a sarcastic tone thereby eliminating confussion for the rea..