(showing disapproval) a derogatory word used for referring to people in the banking and investment industry who are thought of as taking serious risks in order to increase their own earnings. ‘Bankster’ is a blend of the words ‘banker’ and ‘gangster’.Banksters were able to turn billions of dollars in risky mortgages into trillions of dollars in derivatives.
Submitted from:
United Kingdom on 26/01/2015