Refudiate the banksters

The New Oxford American Dictionary word of the year for 2010 is refudiate and  comes courtesy of Sarah Palin who – well, she made it up. It loosely means to reject.

However, Gossip readers might be more interested in another finalist – bankster. “Bankster – noun – (informal). A member of the banking industry perceived as a predator that grows rich at the expense of those suffering in the crumbling economy: Trillions of dollars are flowing to the banksters in the form of near-zero interest loans.”

Of course, this is an international term and could never be used to describe any well paid bank bosses in New Zealand….

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