Friday, September 19, 2008

In the Heart of Turmoil

Sometimes you need to poke a little fun:

Dealbreaker has a great synopsis of what the headlines actually mean. Posted from the site:

In times of turmoil, you cannot always trust words to mean what they mean. Often they mean something they don't mean at all. Our guide to financial turmoil meaning should clear some of this up. Or not.

Key:
"If You Hear This" = "Read This" (Source)

"Low Quality Rally" = "Our Dartboard Malfunctioned" (UBS)
"We Might Encounter A Slight Correction" = "Expect A 40% Drop" (AIG)
"We Believe We Are Sufficiently Capitalized" = "Our Leverage Is Still 24:1" (Lehman Brothers)
"We Expect To Benefit From A Flight To Quality" = "Shorts Have Created So Much Buy To Lend Action Our Stock Is Buoyed" (Goldman Sachs)
"Another Front Is Opening" = "No One Wants Our Stock Anymore" (Barclays)
"It's Unclear Who Is Going To Be A Credit Provider Going Forward" = "No One Will Lend To Us" (Concordia Advisors)
"No Evident Catalyst For Ending The Pain" = "We Are Flooded With Redemption Requests And Our Attorney Quit" (Feda Capital)
"We Have Changed The Format Of Our Earnings Call A Little Bit" = "No Questions From Pesky Analysts After That Smartass From UBS Mouthed Off" (Baldwin)
"Markets Set To Bounce" = "Our Editor Has Almost Lost Everything" (Wall Street Journal)
"EU Has Tradition Of Bailouts" = "Don't Look At Me Like That, Germany" (Financial Times)
"Short Sellers Are Attacking Our Stock" = "My Mistress And I Are Fleeing Tonight To A Country With No Extradition" (Pick One)

1 comment:

Kiran said...

you hit the nail on the head..good one