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Zombie Banks
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Table of Contents

Foreword ix Preface xi Cast of Characters xv Chapter 1 Zombies in Our Midst 1 Chapter 2 Lessons Not Learned 15 Chapter 3 Europe?s Sovereign Blues 23 Chapter 4 Germany?s Untouchable Zombies 35 Chapter 5 Ireland?s Zombies Bring the House Down 51 Chapter 6 The Reincarnation of Iceland?s Banks 67 Chapter 7 U.S. Zombies on IV Drip 81 Chapter 8 The Fight to Rein in the Banks 97 Chapter 9 To Foreclose or Not to Foreclose? 113 Chapter 10 Bigger Banks, More Derivatives, Higher Risk 125 Chapter 11 Killing Zombies and Preventing Their Return 137 Epilogue 149 Notes 157 About the Author 175 Index 177

About the Author

Yalman Onaran is a veteran financial reporter at Bloomberg News and has studied bank insolvency for decades. One of the first reporters to break the news of the collapse of Lehman Brothers and Bear Stearns, he also opened the Istanbul bureau of Bloomberg News and exposed thirteen insolvent Turkish banks which the government was allowing to continue to operate. Onaran's work has appeared in the New York Times, Washington Post, Chicago Tribune, Bloomberg, Businessweek, Frankfurter Allgemeine Zeitung, and numerous other news outlets around the world.

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