TBTF
n.— «We’re talking about a pair of institutions that hold or guarantee more than half of the nation’s mortgages. In other words, they’re TBTF (too big to fail) and it’s a sure bet that we won’t let them go under. Treasury Secretary Henry Paulson apparently asserted today that the government is not planning an imminent bailout, by which he means that the government is busy planning an imminent bailout.» —“Bernstein: What Fannie and Freddie Are Telling Us” by Jared Bernstein CNBC July 11, 2008. (source: Double-Tongued Dictionary)
Further reading
A book of photographs and essays by famous writers celebrates libraries — and the librarians who changed their lives. Plus cutting doughnuts, spinning cookies, and pulling brodies: There are lots of ways to talk about spinning a car in circles on...
While traveling in England, Chris in Hollywood, Florida, picked up a favorite word from his British friends: faff. The expression faffing about means “procrastinating, idling, dawdling” or “acting ineffectually.” Ultimately...