3-6-3 Club

What is 3-6-3 Club?


1.

A group of thrifters (money lenders) who are given loans at a fixed 3% rate, dole out loans with a 6% interest rate, and arrive for golf at three in the afternoon--hence 3-6-3.

First mentioned in Michael Lewis' Liar's Poker book, a typical 3-6-3er was a balding, middle-aged man who thought nothing only of money.

"Man, those guys from the 3-6-3 club are buying our junk bonds."

"Yeah, not too smart, eh?"

See liar's poker, 363, 3-6-3 club, thrifters


18

Random Words:

1. A combination of the words snotty and attitude, used to describe a person with a snotty attitude. Girl 1: Where'd you get your cl..
1. The urge to do something so stupid that nobody outside America would even dream it up. It took Yankee ingenuity for someone to put pure..
1. Wanker, tosser, dickhead etc used in internet speak or car rego plates. the 4 is an A and the 3 represents an E. pretty simple really..
Book Banner