Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts

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