Bloomberg Wall Street Week: August 19, 2022
Wall Street Week
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Zambi Companies - What Are They and How Many Are There?
Sonia gibbs is managing director and head of sustainable finance at the institute of international finance. What we mean by zombi companies is a company that essentially has to borrow to keep going. The federal reserve estimates that between five and ten percent of us fall into this category. But it's also important to remember that this is not a static world. It's not once a zombi, always azombi.
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