jacklord
Verb meaning to cause an organization to fail, typically in a spectacularly inept and often morally corrupt manner.

Origin comes from the phrase 'jack the lord', which had an anecdotal meaning relating to doing something morally wrong on a grand scale.
After jacklording the contributions to his church, the pastor drove off in his new Ferarri.

Who would have thought that the board of directors could be so stupid as to jacklord their own company?

Sure it was my first time running an organization, but I didn't think I would jacklord us into bankruptcy.