3/22/2009

21st Century Boogeymen

Zombie Bankers Attack - from: poli pic fun [flickr.com]

Zombie Company
1. A technically bankrupt company that is kept alive with large infusions of government money for the sake of "stability" in the U.S. financial system. 2. A large financial company with negative net worth that continues to operate, despite having no clear path to solvency. 3. The UnDead of Wall Street.
"AIG is the premier example of a zombie company -- kept alive only by $120 billion in federal bailout money. Apparently, it's considered too large to fail."

Lehman Sisters
Wives/girlfriends of recently-orphaned Lehman Brothers executives who bond to share their collective, unexpected fall down the socio-economic ladder.
Amande and Jane are now the Lehman Sisters 'cause the Devil took away their Prada when their boyfriends lost their jobs on Wall Street.

bad economy
An all-purpose excuse that people use during a recession to justify doing things that are below their usual standard. Often these things in reality have little or nothing to do with the economic circumstances.
Harry: "You took your girlfriend to Applebee's on Valentine's Day? Pretty weak." Larry: "Whatever man, I didn't have a choice. Bad economy."

[urbandictionary.com]