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Discover 5 Zombie States in a haunted house

Adani Samat  |  October 26, 2021

TIA video by Adani Samat, text intro includes “Watch the video above for the 5 scariest zombie states according Truth in Accounting's Zombie Index.” This index identifies states that may have incentives to pursue riskier investment strategies for employee retirement benefit plans. Edward Kane, Boston College finance professor and author of two books about the savings and loan crisis in the 1980s, coined the term “zombie bank” to identify insolvent but publicly-backed entities with incentives to “gamble for resurrection.” Ed introduces the video.

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