LEADER 04238nam 2200661 a 450 001 9910139565403321 005 20170815164008.0 010 $a1-118-18531-5 010 $a1-119-20270-1 010 $a1-283-33280-9 010 $a9786613332806 010 $a1-118-18533-1 010 $a1-118-18532-3 035 $a(CKB)2550000000062196 035 $a(EBL)817531 035 $a(OCoLC)769101937 035 $a(SSID)ssj0000555793 035 $a(PQKBManifestationID)12179226 035 $a(PQKBTitleCode)TC0000555793 035 $a(PQKBWorkID)10530239 035 $a(PQKB)11498941 035 $a(MiAaPQ)EBC817531 035 $a(CaSebORM)9781118094525 035 $a(EXLCZ)992550000000062196 100 $a20110728d2012 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aZombie banks$b[electronic resource] $ehow broken banks and debtor nations are crippling the global economy /$fYalman Onaran 205 $a1st edition 210 $aHoboken, N.J. $cWiley$d2012 215 $a1 online resource (210 p.) 225 1 $aBloomberg 300 $aDescription based upon print version of record. 311 $a1-118-09452-2 320 $aIncludes bibliographical references and index. 327 $aZOMBIE BANKS; Contents; Foreword; Cast of Characters; Chapter 1: Zombies in Our Midst; Chapter 2: Lessons Not Learned; Chapter 3: Europe's Sovereign Blues; Chapter 4: Germany's Untouchable Zombies; Chapter 5: Ireland's Zombies Bring the House Down; Chapter 6: The Reincarnation of Iceland's Banks; Chapter 7: U.S. Zombies on IV Drip; Chapter 8: The Fight to Rein in the Banks; Chapter 9: To Foreclose or Not to Foreclose?; Chapter 10: Bigger Banks, More Derivatives, Higher Risk; Chapter 11: Killing Zombies and Preventing Their Return; Epilogue; Notes; About the Author; Index 330 $a"An in-depth look at the essential issues surrounding zombie institutions and their effect on the global economyZombie banking has become standard operating procedure for big debtor nations. They prop up failing institutions, print money, and avoid financial corrections. But in an attempt to prolong the inevitable, bigger problems are created. The approach used now has not, and will not, work. This timely book reveals why. Zombie Banking tells the story of how debtor nations and failing institutions are damaging the long-term prospects of the global economy. Author Yalman Onaran, a veteran Bloomberg News reporter and financial banking sector expert, examines exactly what a zombie bank is and why they are kept alive. He also discusses how they hurt economic recovery and what needs to be done in order to restore stability. Along the way, Onaran takes an honest look at how we arrived at this point and details the harsh realities that must be faced, and the serious steps that must be taken, in order to get things headed in the right direction. Puts insolvent banks and debtor nations in the spotlight and examines how they are crippling the global economy On the record sources include Paul Volcker, Joseph Stiglitz, Sheila Bair, and many more bank executives, regulators, politicians, and policymakers in the United States and abroad Takes the complexity of the current situation and translates it in a way that makes it understandable While the short-term measures taken to stave off depression and rejuvenate economic growth may offer hope, they are unsustainable over the long term. Get a better look at what really lies ahead, and what it will take to improve our economic situation, with this book"--$cProvided by publisher. 410 0$aBloomberg 606 $aDebts, External$xHistory$y21st century 606 $aBanks and banking$xHistory$y21st century 606 $aEconomic history$y21st century 615 0$aDebts, External$xHistory 615 0$aBanks and banking$xHistory 615 0$aEconomic history 676 $a332.1 676 $a332/.042 686 $aBUS004000$2bisacsh 700 $aOnaran$b Yalman$f1969-$0897390 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910139565403321 996 $aZombie banks$92004924 997 $aUNINA