Street of Dreams (Wall Street)
Wall Street is often called "The Street" and sometimes also called the "Street of Dreams." A book by Howard M. Wachtel was titled Street of Dreams: Boulevard of Broken Hearts;…
Permitorium or Permatorium (permit + moratorium)
"Permitorium" (permit + moratorium) was cited twice on October 12, 2010, when U.S. President Barack Obama's administration lifted the almost six-month ban on offshore energy…
“All gaps eventually get filled”
Investment jargon defines a "gap" as the difference between an investment's opening price and its prior day closing price. "All gaps (eventually) get filled/closed" means…
“We lose money on every sale, but make it up on volume”
Some retailers have low profit margins, but high volume. The old joke is told about a retailer who sold products below cost, losing a little money on each sale. "I make it up on volume,"…
“Where there’s smoke, there’s brisket”
"Where there’s smoke, there’s fire” is an old proverb. Texas is noted for its "low and slow" smoking of its brisket. The variant saying "where there's smoke,…
Whistleblower
Entry in progress -- B.P. Wikipedia: WhistleblowerA whistleblower (
Revolving Door
Entry in progress -- B.P. Wikipedia: Revolving door (politics)The revolving door is the movement of personnel between roles as legislators and regulators and the industries affected by the…
“It’s not what you make, it’s what you keep”
Entry in progress -- B.P. OCLC WorldCat recordIt's not what you make, it's what you keep : your year-round tax planning guide for keeping as much as the law allowsAuthor: Julian Block…
“Experience is a comb that life gives you after you lose your hair”
“Experience is a comb that life gives you after you lose your hair" is credited to Judith Stern. In his March 1955 syndicated newspaper column "Try and Stop Me," Bennett Cerf…
Angel Bond
Investopedia defines an "angel bond" as a bond that has a lower interest rate because of the issuing company's high credit rating. "Angel bonds" are said to be the opposite…
“The best public servant is the worst one”
Homer L. Ferguson (1873-1953), who was president of the U.S. Chamber of Commerce from 1919-1920, wrote "A Plea for Inefficiency in Government" in Nation's Business, November 1928,…
“Soak the rich”
"Soak the rich" means to take money from the rich (such as from taxes) so that the rich people will feel "soaked" (slang for "overcharged" or "ripped off").…
“Sports do not build character—they reveal it”
"Sports do not build character. They reveal it," said sportswriter Heywood Hale Broun (1918-2001), the son of newspaper columnist and sportswriter Heywood Broun (1888-1939). The quotation…
Crisis Commodity (gold)
Gold has been called a "crisis commodity" because investors turn to the historical stability of gold during times of crisis. The nickname "crisis commodity" has been used since…
Stockalypse (stock + apocalypse)
"Stockalypse" (stock + apocalypse) is when there's a disaster in the stock market with a sudden collapse in stock prices. The term "stockalypse" has been cited in print…
Golden Hello
Entry in progress -- B.P. Wikipedia: Golden helloA Golden hello is a bonus offered by hiring firms if the hired joins the company from a rival firm. It is very similar to the traditional joining…
Golden Handshake
Entry in progress -- B.P. Wikipedia; Golden handshakeA golden handshake is a clause in an executive employment contract that provides the executive with a significant severance package in the case…
Golden Boot
Entry in progress -- B.P. Wikipedia: Golden boot compensationGolden boot compensation is an inducement, using maximum incentives and financial benefits, for an older worker to take…
Golden Handcuffs
Entry in progress -- B.P. Wikipedia: Golden handcuffsGolden handcuffs are a system of financial incentives designed to keep an employee from leaving the company. These can include employee stock…
“The time to live in New York is when you’re young and poor, or old and rich”
An October 28, 2009 Wall Street Journal editorial titled "Escape From New York" opened, "An old saying goes that the time to live in New York is when you're young and poor, or…