On the recordMay 19, 2009
I fear this situation sets the stage for the creation of the American version of the zombie banks that were a principal cause of Japan's so-called lost decade.
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congress.govChuck Schumer: “I fear this situation sets the stage for the creation of the American version of the zombie banks that were a principal…”
Editor's note · Context
Schumer warns about potential economic stagnation due to ineffective bank bailouts.
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