Bernankrupt

What is Bernankrupt?

adj. To become financially insolvent and forced into a buyout rescue facilitated by the Federal Reserve during the Bernanke Federal Reserve era.

Due to their greed and reckless lending, Bear Stearns went Bernankrupt, and was absorbed into JP Morgan Chase.

See bernanke, bank, financial, crash, bear, federal, reserve, fed, Mark Sanford

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Bernankrupt Edit Meaning