New Wall Street Terminology

August 21, 2009 12:00 PM 3 comments

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  • CEO & CFO — chief embezzlement officer, corporate fraud officer
  • Bull market — random movement causing investors to think they’re finance geniuses
  • Broker — what everyone’s broker has made them
  • Stock split — the action between your old wife and new lawyer
  • Financial planner — person whose phone’s just been disconnected
  • Market correction — the happening 10 minutes after you invest
  • Cash flow — your worth disappearing down the toilet
  • Institutional investor — former trader now locked up in a nuthouse
  • Standard & Poor — life today
  • Analyst — idiot who just downgraded your portfolio
  • Yahoo — what you yelled when you unloaded it at $240 a share
  • Windows — what you jump out of when you’re the one who bought Yahoo at $240 a share
  • Profit — archaic word no longer in use

 

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