Comments on: Devil’s Dictionary: Wall Street Edition http://www.ritholtz.com/blog/2009/09/devils-dictionary-wall-street-edition/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 21:03:30 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: cvienne http://www.ritholtz.com/blog/2009/09/devils-dictionary-wall-street-edition/comment-page-1/#comment-215925 cvienne Wed, 16 Sep 2009 01:45:28 +0000 http://www.ritholtz.com/blog/?p=38314#comment-215925 @BR This thread should have gotten a lot more posts BR :-( I was looking forward to that chance... Instead, the "C"'s are already over represented (so 'cvienne' or [The Great] CNBC Sucks have no place)... However, "F's" need representation, so... f411 (definitions?)... or "fashion forward"? @BR

This thread should have gotten a lot more posts BR :-(

I was looking forward to that chance…

Instead, the “C”‘s are already over represented (so ‘cvienne’ or [The Great] CNBC Sucks have no place)…

However, “F’s” need representation, so… f411 (definitions?)… or “fashion forward”?

]]> By: franklin411 http://www.ritholtz.com/blog/2009/09/devils-dictionary-wall-street-edition/comment-page-1/#comment-215873 franklin411 Tue, 15 Sep 2009 21:50:36 +0000 http://www.ritholtz.com/blog/?p=38314#comment-215873 OT, but interesting. This is from a young White House speechwriter who wrote an article on the confusion that governed the administration in September 2008. It's problematic: the guy who wrote it is young, he's a low-man on the totem pole, etc..., but still an interesting read. ME TALK PRESIDENTIAL ONE DAY Matt Latimer worked as one of Dubya’s speechwriters during the president’s final twenty-two months in office. He was there to help sell the surge to a skeptical public. He was there as we pretended that the fundamentals of the economy were strong. And he was there to see a president who failed to grasp his own $700 billion bailout package—even as he was pitching it to the American public on live TV. A disillusioned insider reveals for the first time just how messy things got http://men.style.com/gq/features/landing?id=content_10957 OT, but interesting. This is from a young White House speechwriter who wrote an article on the confusion that governed the administration in September 2008. It’s problematic: the guy who wrote it is young, he’s a low-man on the totem pole, etc…, but still an interesting read.

ME TALK PRESIDENTIAL ONE DAY
Matt Latimer worked as one of Dubya’s speechwriters during the president’s final twenty-two months in office. He was there to help sell the surge to a skeptical public. He was there as we pretended that the fundamentals of the economy were strong. And he was there to see a president who failed to grasp his own $700 billion bailout package—even as he was pitching it to the American public on live TV. A disillusioned insider reveals for the first time just how messy things got
http://men.style.com/gq/features/landing?id=content_10957

]]> By: Bruce in Tn http://www.ritholtz.com/blog/2009/09/devils-dictionary-wall-street-edition/comment-page-1/#comment-215865 Bruce in Tn Tue, 15 Sep 2009 21:12:38 +0000 http://www.ritholtz.com/blog/?p=38314#comment-215865 Bernanke or Bernanked: Unconditional love. First defined in the Great Recession when very bad, no good investment banks were given huge sums of money, and then proceeded to spend large portions of that Bernanked money on bonuses for a job well done in creating a state of bankruptcy. A difficult definition to understand unless one lived through that time. Bernanke or Bernanked: Unconditional love. First defined in the Great Recession when very bad, no good investment banks were given huge sums of money, and then proceeded to spend large portions of that Bernanked money on bonuses for a job well done in creating a state of bankruptcy. A difficult definition to understand unless one lived through that time.

]]> By: cvienne http://www.ritholtz.com/blog/2009/09/devils-dictionary-wall-street-edition/comment-page-1/#comment-215862 cvienne Tue, 15 Sep 2009 21:01:42 +0000 http://www.ritholtz.com/blog/?p=38314#comment-215862 @sharkbait "I" could also be INVESTOOLS, who buy equity shares in the "bad bank"s involved in CDS instruments... @sharkbait

“I” could also be INVESTOOLS, who buy equity shares in the “bad bank”s involved in CDS instruments…

]]> By: call me ahab http://www.ritholtz.com/blog/2009/09/devils-dictionary-wall-street-edition/comment-page-1/#comment-215861 call me ahab Tue, 15 Sep 2009 21:00:49 +0000 http://www.ritholtz.com/blog/?p=38314#comment-215861 B in T- you are on to something my friend- although i do think retirement is a recent phenomena anyway- people use to work until they couldn't work anymore B in T-

you are on to something my friend- although i do think retirement is a recent phenomena anyway- people use to work until they couldn’t work anymore

]]> By: Bruce in Tn http://www.ritholtz.com/blog/2009/09/devils-dictionary-wall-street-edition/comment-page-1/#comment-215859 Bruce in Tn Tue, 15 Sep 2009 20:59:19 +0000 http://www.ritholtz.com/blog/?p=38314#comment-215859 Federal funds rate: Definition unchanged since 2009. Became known as "zero". Minor attempts to change the definition brought about gnashing of teeth and wailing in Washington, D.C. so the definition became permanent by law in December, 2009. Federal funds rate: Definition unchanged since 2009. Became known as “zero”. Minor attempts to change the definition brought about gnashing of teeth and wailing in Washington, D.C. so the definition became permanent by law in December, 2009.

]]> By: Bruce in Tn http://www.ritholtz.com/blog/2009/09/devils-dictionary-wall-street-edition/comment-page-1/#comment-215855 Bruce in Tn Tue, 15 Sep 2009 20:54:57 +0000 http://www.ritholtz.com/blog/?p=38314#comment-215855 Retirement: (archaic)...The end of one's working life. In times goneby, a time to reflect and enjoy the fruits of one's labor. For all intents and purposes ended as a viable definition in September, 2008. Retirement: (archaic)…The end of one’s working life. In times goneby, a time to reflect and enjoy the fruits of one’s labor. For all intents and purposes ended as a viable definition in September, 2008.

]]> By: sharkbait http://www.ritholtz.com/blog/2009/09/devils-dictionary-wall-street-edition/comment-page-1/#comment-215847 sharkbait Tue, 15 Sep 2009 20:34:54 +0000 http://www.ritholtz.com/blog/?p=38314#comment-215847 investment bank: 1) can be an over-leveraged investment co. (see: hedge fund) which morphs into a bank holding company in order to receive TARP funds, then back to investment bank. 2) Whatever it wants to be. 3) Depends on rules of the game, which change frequently to facilitate maximum profits. Rules set, and unset by Congress, and function of campaign contribution amount. 4) Need to define "is" first. See "Bad Bank", above. investment bank: 1) can be an over-leveraged investment co. (see: hedge fund) which morphs into a bank holding company in order to receive TARP funds, then back to investment bank. 2) Whatever it wants to be. 3) Depends on rules of the game, which change frequently to facilitate maximum profits. Rules set, and unset by Congress, and function of campaign contribution amount. 4) Need to define “is” first. See “Bad Bank”, above.

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