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…
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…
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…
A "golden parachute" is when a company tries to avoid a hostile takeover and aims to protect its top employees. A clause is added to these top employees' contracts that, in the event…
Goldman Sachs is a leading financial firm, headquartered in lower Manhattan. In the 1990s and early 2000s, the company made so much money (and made its employees so wealthy) that it was nicknamed…
Goldman Sachs is a leading financial firm, headquartered in lower Manhattan. In the 1990s and early 2000s, the company made so much money (and made its employees so wealthy) that it was nicknamed…
"Goldenfreude" (gold + schadenfreude) is the delight that non-gold holders have in seeing the price of gold drop and the goldbugs lose large sums of money. Gold dropped in price in the…
The Wall Street Journal of July 15, 2009, added another to the financial firm of Goldman Sachs's growing list of nicknames -- "Goldie Mac." This a reminder of Freddie Mac/Fannie Mae…
The children's story of "Goldilocks and the Three Bears" had Goldilocks try to eat the three bowls of porridge. One porridge was too cold and one porridge was too hot, but one…
The financial firm of Goldman Sachs is so influential over world governments that the nickname "Goldman Sachsony" (Goldman Sachs + Saxony) has been used to describe any country where…
Goldman Sachs is a financial firm that's headquartered at 200 West Street in Manhattan. The unflattering nickname of "Goldman Sucks" (or "Goldman Sux") has been cited in…
A present or former employee of the financial firm of Goldman Sachs is called a "Goldmanite." The name 'Goldmanite" has been cited in print since at least 1992.…
Goldman Sachs is a leading financial firm, headquartered in lower Manhattan. In the 1990s and early 2000s, the company made so much money (and made its employees so wealthy) that it was nicknamed…
The financial firm of Goldman Sachs had so many "alumni" in the government -- including Treasury Secretary Henry M. Paulson, Jr. -- that an October 2008 story in the New York (NY) Times…
Goldman Sachs is a financial firm headquartered in Lower Manhattan. The Goldman Sachs nickname of "Government Sucks" is a composite of two widely used nicknames, "Government…
A "graveyard market" is the end of a long bear market -- when the stock market seems like a "graveyard." Long-time investors have suffered large losses, but stay in the market…
Entry in progress -- B.P. Wikipedia: White knight (business)In business, a white knight, or "friendly investor" may be a corporation, or a person that intends to help another firm. There…
The term "Great Accumulation" refers to central banks buying foreign exchange reserves. China's central bank, for example, bought large amounts of dollars in the early 2000s, but…
The term "Great Compression" was coined by Claudia Dale Goldin and Robert A. Margo in their book, The Great Compression: The wage structure in the United States at mid-century (1991). The…
The "Great Contraction" is the period from 1929-1933 that is also called the "Great Depression." Economist Milton Friedman (1912-2006) popularized -- but did not coin -- the…
The "Great Debasement" (1542-1551) occurred when the English Crown reduced the gold and silver content in its coins, saving the government money. The name "Great Debasement" was…