Archive for 06/2011

Yankee Bond

Entry in progress -- B.P. Wikipedia: Bond (finance)In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged…

Pretzel Rod

Pretzel rods look like cigars and don't have the familiar "twist" pretzel shape. The term "pretzel rods" has been cited in print since at least 1958. The Bachman Company…

Screwflation

"Screwflation" (screw + inflation) was coined by financial writer Doug Kass on October 19, 2010. Kass explained how the middle class is "screwed by inflation": Screwflation,…