Zombie Bank
Zombie Bank - Definition A zombie bank is a financial institution that has an economic Net Worth less than zero but continues to operate because its ability to repay its debts is shored up by implicit or explicit government credit Support . The term was first used by Edward Kane
What is Zombie Bank?
Zombie Bank - Definition A zombie bank is a financial institution that has an economic Net Worth less than zero but continues to operate because its ability to repay its debts is shored up by implicit or explicit government credit Support . The term was first used by Edward Kane
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