Zombie Company

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    EasyEJL's Avatar
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    Zombie Company


    Today's urban word of the day is Zombie Company, quite a nice definition

    1. A technically bankrupt company that is kept alive with large infusions of government money for the sake of "stability" in the U.S. financial system.
    2. A large financial company with negative net worth that continues to operate, despite having no clear path to solvency.
    3. The UnDead of Wall Street.

    "AIG is the premier example of a zombie company -- kept alive only by $120 billion in federal bailout money. Apparently, it's considered too large to fail."
    This space for rent

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    Quote Originally Posted by EasyEJL View Post
    Today's urban word of the day is Zombie Company, quite a nice definition
    this pisses me off. These big companies need to crumble, so new batters can step up to the plate.
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    pathetic...what a waste of our money
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    They had their shot and the f u c k e d up!

    Small busniess go down EVERYDAY and they get no bailout. The larger companies are no better than the smaller ones, or vice versa!

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