Bankslaughter

Wired’s jargonwatch picks up on Paul Collier’s idea of bankslaughter:

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Bankslaughter n. The crime of driving a bank out of business by making excessively risky investments. As proposed by Oxford University economist Paul Collier, prosecutors would become the new bank regulators.

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I like it!

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Sources:
A law to tame wild bankers
A crime of bankslaughter would give reckless City workers pause in their renewed bonus chase
Paul Collier
Guardian 30 June 2009 22.30 BST
http://www.guardian.co.uk/commentisfree/2009/jun/30/bankers-bonuses-banking-crisis

Jargon Watch: Ethical Governor, Earthquake Cloak, Triggercards
Jonathon Keats
WIRED MAGAZINE: 17.10 09.21.09
http://www.wired.com/culture/culturereviews/magazine/17-10/st_jw

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