Last modified on 19 August 2014, at 00:05

bankster

EnglishEdit

EtymologyEdit

Blend of banker and gangster

Judge Ferdinand Pecora coined the term Bankster. In June 1933, his image appeared on the cover of Time magazine, seated at a US Senate table, a cigar in his mouth. Pecora’s hearings had coined a new phrase, “banksters” for the finance “gangsters.”

The term was later used by Léon Degrelle, Belgian fascist politician and journalist, in 1937 as a pejorative term for high financiers.

PronunciationEdit

NounEdit

bankster (plural banksters)

  1. (informal, derogatory) A banker who is seen as criminally irresponsible, or as extorting bailout money from the taxpayers.

TranslationsEdit

ReferencesEdit