Thursday, October 9, 2008

Hope you enjoyed your party, AIG!

After reading about AIG's blowout lush and lavish bash, spa treatments, and partying like rock stars valued at $400K of financial bailout tax money, I wanted to wring someone's neck.

Thankfully, I can poke fun at dire situations for a temporary laugh..

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. (profound!)


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

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