Officerot

by practicalspactical

n. The inevitable decay of institutions in late-stage capitalist societies.

See Stephen Labaton and Steven R. Weisman, U.S. Considers Takeover Of Two Mortgage Giants, New York Times, July 11, 2008, available at http://www.nytimes.com/2008/07/11/business/11fannie.html?_r=1&hp&oref=slogin