1 definition by Bernacke

Top Definition
To make a large bet with collateral and lose and then have your bookie sell your collateral for pennies on the dollar to your neighbor.
That dude was whacked at vegas and got bear stearned.
I guess uncle Louie was wrong about the trifecta as he just got bear stearned
Bernacke and J Diamond let the house of cards fall at Bear Stearns
by Bernacke March 23, 2008

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