1. An action that, while impressive on its own, has detrimental consequences for other parties, typically from a lower socioeconomic background. 2. When a person uses his swagger and talent to screw over another person or group of people, resulting in the second party's performing an undesired and often humiliating service for the first.
Junior Stock Broker: Not only did my boss buy the 1973 Ferrari I've been saving up for years to buy, he also made me move my car into a tow-away zone to open up a parking spot for him.
Friend: That was an ivy league move.