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."
Random Words:
1.
When something is sold as a 'new and improved' model when in reality nothing's really changed. In reference to Mr. Smithe..
