/n. Aggressive and potentially criminal backlash from the over-65 crowd angry about getting screwed by the economy. First used by a British newspaper to describe a group of German pensioners who ganged up on their financial adviser and picked up by the New York Times‘ Ben Schott. Of course, the seniors in question here lost some $3 million. State-side, there are conflicting reports on whether seniors are more vulnerable to layoffs or in fact less, since they are experienced, reliable workers.
Ex. No, Grandpa isn’t coming to Christmas this year—he was arrested for a silver crime, shaking down his broker.
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