Fanron
n.— «It is with no overt sense of hyperbole or irony that Bill Fleckenstein from Fleckenstein Capital has taken to calling Fannie Mae (NYSE: FNM) “Fanron.” Case in point: yesterday’s disclosure that its primary regulator had found evidence of more financial statement violations at the government-sponsored mortgage finance company.» —“Fannie’s Sweater Has a Loose Thread” by Bill Mann Motley Fool Feb. 24, 2005. (source: Double-Tongued Dictionary)
Further reading
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Cat hair may be something you brush off, but cat hair is also a slang term that means “money.” In the same way, cat beer isn’t alcoholic — some people use cat beer as a joking term for “milk.” And imagine walking on a...