Rhabari
Grexit is so 2012. Citigroup introduces 'Grimbo' to crisis lexicon
By Simon Kennedy
Citigroup Inc. economist Ebrahim Rahbari is again trying his hand at etymology.
In February 2012, he coined the term "Grexit" to describe the risk of Greece leaving the euro area. At the time, he and his fellow economists at Citigroup put the probability at 50 percent within the next 18 months and later raised it to 90 percent by 2014.