Dawn Raid
On February 12, 1980, Harry Oppenheimer (of South Africa's De Beers diamond mining and trading company) instructed London broker Rowe & Pitman to buy many shares in Consolidated Gold…
On February 12, 1980, Harry Oppenheimer (of South Africa's De Beers diamond mining and trading company) instructed London broker Rowe & Pitman to buy many shares in Consolidated Gold…
Deutsche Bank (literally, "German Bank") was founded in 1870 and is headquartered in Frankfurt am Main, Germany. There are several offices in New York City. Deutsche Bank is probably…
A "dead cat bounce" is a stock market term for a fake (or short-lived) economic recovery. Cat lore has it that if you throw a cat from any height, the cat will always land on its feet. In…
The British comedy troupe Monty Python's Flying Circus performed its now-famous "Dead Parrot Sketch" in 1969 and many times after that. A customer enters a pet shop to get a refund…
U.S. currency has portraits of presidents (and statesmen) on paper money and coins. The one-dollar bill has George Washington; the two-dollar bill has Thomas Jefferson; the five-dollar bill has…
Entry in progress -- B.P. Free Merriam-Webster DictionarytDefinition of DEADBEAT1: loafer 2: one who persistently fails to pay personal debts or expenses Examples of DEADBEAT. His friends are just…
Entry in progress -- B.P. Urban DictionarydeadbeatIn creddit card industry lingo a deadbeat is soemone who DOES pay their bills on time and thus makes no profit.Forget the deadbeats, up the…
"Debt man walking" (a pun on the title of the 1995 film Dead Man Walking) refers to someone in a lot of debt. The moniker was the title of a book, Debt Man Walking: a 10-step investment…
"Debt-serfdom" (or "debt serfdom") is a condition where someone works like a serf or slave to eliminate a large debt. The term "debt serfdom" has existed since at…
"Debtberg" (debt + iceberg) is a reference to the RMS Titanic that hit an iceberg in the North Atlantic Ocean and sank on April 15, 1912. Like an iceberg, the debt obligations of the…
A "debtcropper" (debt + sharecropper) is someone who is a slave to debt. Matt Stoller's "A Debtcropper Society" in Next New Deal (The Blog of the Roosevelt Institute)…
"Debtmageddon" (debt + Armageddon) became a popular term in July 2011, as the federal government discussed raising the nation's debt ceiling and debated cutting spending (to decrease…
The movie Debtocracy (2011) about the Greek debt crisis of 2010 defined its title as "debt" and "democracy." While the film popularized the term, "debtocracy" has…
Entry in progress -- B.P. TwitterJF@jmf27614Democrats have no grasp of reality. Spendoholics, Debtoholics. #tcot #glennbeck #rush #tcot #sgp #teaparty http://www.cnbc.com//id/354586226:42 PM -…
"Debtpocalypse” (debt + apocalypse) became a popular term in July 2011, as the federal government discussed raising the nation’s debt ceiling and debated cutting spending (to decrease the…
Money (such as coins and a wallet) is often kept in the pockets on a person's garment. A "deep pocket" would be able to hold more money. Lawyers developed legal strategies to go…
"Deepcession" (deep + depression + recession) is a term that has been cited in print since at least December 2007 and has been used infrequently since the 2008 recession. David Brauer of…
A "deer market" is neither a "bull market" (a rising market) or a "bear market" (a falling market). Investors in a deer market are perplexed about which way the market…
Entry in progress -- B.P.(deflation + -ista, as in words such as “Sandinista” and “fashionista”) A similar term is "inflationista."…
"Delay and pray" is what a lender might do with a "toxic" asset, such as a mortgage. A bank doesn't want to foreclose and take possession of the property, so it often…