Zombie Banks: How Broken Banks and Debtor Nations Are Crippling the Global Economy by Yalman Onaran and Sheila Bair
Requirements: ePUB Reader 19 MB
Overview: An in-depth look at the problems surrounding zombie banks and their dangerous effect on the global economy
“The title is worthy of a B movie, but it’s also apt. Bloomberg News reporter Yalman Onaran, supported by former U.S. Federal Deposit Insurance Corp. chief Sheila Bair – who provides a foreword and numerous interviews – urge that insolvent banks both small and too big to fail be allowed to do precisely that. Reading bank balance sheets is not everyone’s idea of a good time. But Mr. Onaran, with support from Ms. Bair, does the chore and explains what it means. Mr. Onaran shows that the process of rescuing dead and dying banks is increasing systemic risk in the global banking system. And that is really more frightening than scream flicks from Tinseltown.” – Financial Post
“Yalman Onaran knows of putrid financial institutions, having written about them in his native Turkey so successfully he brought down a few in Istanbul in the late ’90’s.” – Huffington Post
Genre: Non-Fiction > General > Economics and finances
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