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Fed Chair: No Night of Living Dead Banks

Started by staff, February 25, 2009, 02:01:30 AM

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staff

Fed Chair: No Night of Living Dead Banks
      


They won’t stay dead!

Members of the U.S. Senate grilled Federal Reserve Chairman Ben Bernanke on Tuesday on whether the next gruesome episode in the U.S. economic horror show could include an appearance of “zombie” banks. 
 
During Japan’s economic stagnation in the 1990s, the government propped up failing banks and firms that came to be known as [...]
         

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