What is Embonusment?
1.
(n.) embonusment: a form of embezzlement involving authorization of year-end bonuses in failing banks and investment firms, financed by government bailouts
(v.) to embonus
The insolvency of many Wall Street firms did not prevent widespread embonusment, as industry professionals took whatever they could before the lights went out.
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pronounced STEFF-in, the baby-faced sharpshooter from Davidson College and the sickest basketball player ever
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