"We Might Encounter A Slight Correction" = "Expect A 40% Drop" (AIG)
"We Believe We Are Sufficiently Capitalized" = "Our Leverage Is Still 24:1" (Lehman Brothers)
"Another Front Is Opening" = "No One Wants Our Stock Anymore" (Barclays)
"It's Unclear Who Is Going To Be A Credit Provider Going Forward" = "No One Will Lend To Us" (Concordia Advisors)
"EU Has Tradition Of Bailouts" = "Don't Look At Me Like That, Germany" (Financial Times)
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Thursday, September 18, 2008
A guide to navigating Wall Street euphemisms
at Dealbreaker. Some translations:
Labels:
Wall Street
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment