Verboticism: Loanarranger

'Is my money safe with you?'

DEFINITION: n. A bank which pays huge salaries to its executives who bet their customers' money on dumb investments, risky loans, and the inevitable government bail-out. v. To lend, spend, and mismanage a bank into bankruptcy.

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Loanarranger

Created by: Nosila

Pronunciation: lone ar rayn jer

Sentence: When Mary opened an account at the local bank, she was hoping to borrow enough money to finance a new home. She soon realized that the money she would borrow would cost her five times again as much in interest and that virtually she never would really own her home, in her lifetime. The interest that this loanarranger charged her went towards expensive lifestyles and foolish investment decisions of the bank's executives. She stormed out of the bank manager's office, crying "Goodbye, accrual world!"

Etymology: Loan Arranger (institute/person who lends money at an exhorbitant interest rate) & Wordplay on The Lone Ranger (1950's tv Western series of a lone surviving Texas Ranger who was nursed back to health by the Indian Tonto rides with him, on Silver and Scout, throughout the West, doing good while living off a silver mine which supplies him with income and bullets)

Points: 743

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Comments: Loanarranger

scrabbelicious - 2012-01-13: 07:59:00
Hi ho silver and gold!