Zombie Company

[EasyEJL]

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."

 

[Zero V]

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.

 

[crazilyfter42]

pathetic...what a waste of our money

 

[Stangtuner]

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!