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Zombie Company... AIG

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Zombie Company
March 19
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."
... http://www.urbandictionary.com/define.php?term=Zombie%20Company&defid=3785631
 
A zombie is a person who behaves like human automaton (usually after
being resurrected and stripped of their soul), most commonly seen in
fiction as a reanimated human corpse.[1][2] Stories of zombies
originated in the Afro-Caribbean spiritual belief system of Vodou,
which told of the people being controlled as laborers by a powerful
sorcerer. Zombies became a popular device in modern horror fiction,
largely because of the success of George A. Romero's 1968 film Night
of the Living Dead.
... http://en.wikipedia.org/wiki/Zombie
 

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Comments (2)

Mar 19, 2009
Astrid Ayel said...
I like it, is Europe becoming a zombie?
Mar 22, 2009
J.F. Ayel said...
Yes, I fear Europe is also a Zombie since 1914, 1940, 1973...

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