I think it’s a triple negative. A BadChunkRecord is, well, a bad chunk record. A BadBadChunkRecord is a chunk record that’s bad at being bad, so it’s good. One can see the logical progression that leads BadBadBad… to be a bad one.
Of course, being bad at being bad could just be a different kind of bad. A good BadChunkRecord explains the problem with the chunk. A bad BadChunkRecord might have too little information to be a good BadChunkRecord. A bad BadBadChunkRecord could be an unhandled exception with no other details and the fact that a ChunkRecord is even involved is assumed and therefore questionable.