Zombie bank definitions

Search

Zombie bank

Zombie bank logo #10101) Financial crisis 2) Insolvent bailout beneficiary
Found on https://www.crosswordclues.com/clue/zombie-bank

Zombie bank

Zombie bank logo #21000 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 in 1987 to explain the dangers of tolerating a large number of insolvent savings and loan assoc...
Found on http://en.wikipedia.org/wiki/Zombie_bank
No exact match found.