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Stock Market Vocabulary
Posted: Wed Oct 08, 2008 10:08 am
by a1mamacat
NEW STOCK MARKET TERMS
CEO --Chief Embezzlement Officer.
CFO-- Corporate Fraud Officer.
BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
BEAR MARKET -- A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex.
VALUE INVESTING -- The art of buying low and selling lower.
P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.
BROKER -- What my broker has made me.
STANDARD & POOR -- Your life in a nutshell.
STOCK ANALYST -- Idiot who just downgraded your stock.
STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves.
FINANCIAL PLANNER -- A guy whose phone has been disconnected.
MARKET CORRECTION -- The day after you buy stocks.
CASH FLOW-- The movement your money makes as it disappears down the toilet.
YAHOO -- What you yell after selling it to some poor sucker for $240 per share.
WINDOWS -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
PROFIT -- An archaic word no longer in use.
Posted: Wed Oct 08, 2008 10:22 am
by NellyLunatic1980
REC REC REC
Posted: Wed Oct 08, 2008 10:31 am
by mntetn
Has anyone else noticed that the designated person in charge of the bailout is Mr. Kashkari?
Posted: Wed Oct 08, 2008 2:02 pm
by kayrharris
I was surprised not to see anything here about the AIG trip to LA that cost us taxpayers in excess of $400K...the trip was AFTER the bailout and was apparently a pleasure trip only.
Cut and Pasted from The San Francisco Chronicle:
Lawmakers revealed Tuesday that just days after the Sept. 16 federal bailout of AIG, executives and salespeople at the firm met at the lavish St. Regis Monarch Beach resort in Dana Point (Orange County), where the rooms can cost $1,000 a night. According to the invoices, the company spent $200,000 on rooms, more than $150,000 on meals, $23,000 in spa charges and $7,000 on golf.
They should be made to pay back every single penny.
Posted: Wed Oct 08, 2008 2:09 pm
by peacock2121
kayrharris wrote:I was surprised not to see anything here about the AIG trip to LA that cost us taxpayers in excess of $400K...the trip was AFTER the bailout and was apparently a pleasure trip only.
Cut and Pasted from The San Francisco Chronicle:
Lawmakers revealed Tuesday that just days after the Sept. 16 federal bailout of AIG, executives and salespeople at the firm met at the lavish St. Regis Monarch Beach resort in Dana Point (Orange County), where the rooms can cost $1,000 a night. According to the invoices, the company spent $200,000 on rooms, more than $150,000 on meals, $23,000 in spa charges and $7,000 on golf.
They should be made to pay back every single penny.
Someone had better make sure that money gets repaid.
As an aside - why were spa treatments so much more than golf -what wussies.
Posted: Wed Oct 08, 2008 2:10 pm
by silvercamaro
kayrharris wrote:I was surprised not to see anything here about the AIG trip to LA that cost us taxpayers in excess of $400K...the trip was AFTER the bailout and was apparently a pleasure trip only.
Cut and Pasted from The San Francisco Chronicle:
Lawmakers revealed Tuesday that just days after the Sept. 16 federal bailout of AIG, executives and salespeople at the firm met at the lavish St. Regis Monarch Beach resort in Dana Point (Orange County), where the rooms can cost $1,000 a night. According to the invoices, the company spent $200,000 on rooms, more than $150,000 on meals, $23,000 in spa charges and $7,000 on golf.
They should be made to pay back every single penny.
I don't think restitution is sufficient after a robbery. I'd rather see prison sentences for everyone who participated.
Posted: Wed Oct 08, 2008 5:05 pm
by cindy.wellman
silvercamaro wrote:kayrharris wrote:I was surprised not to see anything here about the AIG trip to LA that cost us taxpayers in excess of $400K...the trip was AFTER the bailout and was apparently a pleasure trip only.
Cut and Pasted from The San Francisco Chronicle:
Lawmakers revealed Tuesday that just days after the Sept. 16 federal bailout of AIG, executives and salespeople at the firm met at the lavish St. Regis Monarch Beach resort in Dana Point (Orange County), where the rooms can cost $1,000 a night. According to the invoices, the company spent $200,000 on rooms, more than $150,000 on meals, $23,000 in spa charges and $7,000 on golf.
They should be made to pay back every single penny.
I don't think restitution is sufficient after a robbery. I'd rather see prison sentences for everyone who participated.
I dunno if Rexer will go for that... Maybe he has different terms when prison is involved.
Posted: Wed Oct 08, 2008 5:12 pm
by BackInTex
cindy.wellman wrote:silvercamaro wrote:kayrharris wrote:I was surprised not to see anything here about the AIG trip to LA that cost us taxpayers in excess of $400K...the trip was AFTER the bailout and was apparently a pleasure trip only.
Cut and Pasted from The San Francisco Chronicle:
Lawmakers revealed Tuesday that just days after the Sept. 16 federal bailout of AIG, executives and salespeople at the firm met at the lavish St. Regis Monarch Beach resort in Dana Point (Orange County), where the rooms can cost $1,000 a night. According to the invoices, the company spent $200,000 on rooms, more than $150,000 on meals, $23,000 in spa charges and $7,000 on golf.
They should be made to pay back every single penny.
I don't think restitution is sufficient after a robbery. I'd rather see prison sentences for everyone who participated.
I dunno if Rexer will go for that... Maybe he has different terms when prison is involved.
REC!
Posted: Wed Oct 08, 2008 8:26 pm
by Spock
kayrharris wrote:I was surprised not to see anything here about the AIG trip to LA that cost us taxpayers in excess of $400K...the trip was AFTER the bailout and was apparently a pleasure trip only.
Cut and Pasted from The San Francisco Chronicle:
Lawmakers revealed Tuesday that just days after the Sept. 16 federal bailout of AIG, executives and salespeople at the firm met at the lavish St. Regis Monarch Beach resort in Dana Point (Orange County), where the rooms can cost $1,000 a night. According to the invoices, the company spent $200,000 on rooms, more than $150,000 on meals, $23,000 in spa charges and $7,000 on golf.
Announced today-AIG got another 37 Billion or so.
I take a backseat to nobody in my detestation of expense account stuff as the example cites-However, one small justification may be that it was booked several months ago and that it may have cost as much to cancel it.
They should be made to pay back every single penny.
Posted: Wed Oct 08, 2008 8:36 pm
by Snaxx
LOL, I enjoyed Saucy's post.
Posted: Wed Oct 08, 2008 8:44 pm
by TheConfessor
peacock2121 wrote:As an aside - why were spa treatments so much more than golf -what wussies.
Maybe the "spa" sessions included a happy ending.