What is Zombie Banks?
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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."
Random Words:
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Mix of Irish, Italian, and Filipino heritage, like me. A great mix of background from the fun of the Irish, food and culture of the Ita..