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phi-nan-shull teh-wō-wist
noun
1. Any person or entity that knowingly and willingly distorts the financial markets and/or the economy at large for their own personal benefit or political benefit at the expense of a large body politic.
Examples include:
The Primary Dealers
The Federal Reserve
Henry Paulson
Ben Bernanke
Henry Paulson
Ben Bernanke
Jon Corzine
Bernie Madoff
Lloyd Blankfein
Kenneth Lay
Timothy Geithner
Bank of America
Brian Moynihan
Many US Senators
Many members of US House of Representatives
George Bush
Barack Obama
Bank of England
European Central Bank
Mario Monti
Lucas Papademos
and many, many more financial terrorists....
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Financial Terrorists can be one person, group of people,small medium or large corporations that can get the government to not make laws or regulations to protect the general population from their greed and corruption
When Goldman-sachs prevented our government from regulating derivatives, and changed banking laws to under capitalize from leveraging savings from 1:4 to 1:40 or more, Goldman-sachs became "Financial Terrorists" against every non 1%er on earth. These monsters make loans to people, then bet against them, then raise the loan rate until the person defaults on the loan.
Any executive within the Banking, Mortgage or Insurance industries that, despite their own failed job performance, still believe they should be grossly over-compensated at the expense of stockholders, or more recently, taxpayers, via bailout monies.
Executives at AIG are a prime example of a Domestic Financial Terrorist (DFT's). After they run their company into the ground, they keep their job then pay themselves millions of taxpayer bailout money as a bonus.
Also known as Poo-Flinging-Office-Monkeys.(No offense to monkeys, they likely would have done a better job running AIG).