from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. A personal floatation device (or PFD) used to prevent drowning.
Sorry, no etymologies found.
I wouldn't put it past them for being so selective on who gets tossed a lifepreserver and who is left to sink or swim on their own.
"We are the lifeline for 25 to 33-percent of the county's population," Felt said, "What we're asking for amounts to throwing us a lifepreserver."
Just in case you were under the naïve impression that the folks over at AIG give a damn (or are even a little grateful for the taxpayer lifepreserver that's still keeping them afloat), news today that executives never repaid $25 million in bonuses they promised to return ...