Between A Rock And A Hard Place Meaning

(idiomatic) Having the choice between two unpleasant or distasteful options; in a predicament or quandary.

Example: 1970, David Sim, "Tangent":
  Husbands, it seems to me, are caught between the Rock of Feminism and the Hard Place of their own marriages […]
2008 Sept. 11, Eric Dash and Geraldine Fabrikant, "Washington Mutual stock falls on investor fears", New York Times (retrieved 24 Aug 2012):
  If Washington Mutual needs to raise capital quickly, it will very likely find itself between a rock and a hard place, because credit markets have all but closed their doors to troubled banks.