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.

Fannymayiyesimay

Created by: scrabbelicious

Pronunciation: ˈfani:meɪ:i:jɛs:i:meɪ

Sentence: As an only child in an adult's body, the 30 year old banking prodigy Gerry Meander loved his job in global finance. Growing up alone meant he got everything he wanted and was self sufficient (if not satisfied). Gerry was quite happy playing with (er..) himself and "Simple Simon said" whatever Gerry demanded. Mother just kept on giving. And, as he became expert in answering his own questions, job self satisfaction was always guaranteed. So much so, Gerry founded his own bank "FannyMayiYesiMay". And it was so, Simple Simon said.

Etymology: Conglomeration of 1 - Fannie Mae: A bust bank and apparent epicenter of a global finance crisis 2 - Mother may I, the response in the playground role-play game "Simple Simon", where one child plays mother and the other children play Simon.

Points: 1022

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