Skip to content

Saigon Zombies in Wall Street Journal

September 20, 2012

David Weidner in Wall Street Journal, “A Bank Zombie Lurks in Little Saigon”:

zombie david weidner

more than half of the 707 institutions that got infusions as part of the $700 billion Troubled Asset Relief Program have yet to pay it back. A total of 136 financial institutions have the added distinction of skipping the most recent dividend payment, according to the Treasury Department.

They are the banking industry’s version of the deadbeat club. These banking zombies took a combined $3 billion from TARP.


Saigon National is a zombie bank.

Saigon Nation is a California bank – but recall Chinese Zombies and German Zombie Banks


From → economics

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: