tarp v.— Note: From TARP, the Troubled Assets Relief Program, intended to aid American financial institutions in jeopardy. «Bank of America has been “tarped” (a new verb), like AIG, but not as much. Only $45 billion was handed...
suckers’ rally n.— «They raise the hopes of investors. They occur out of nowhere. They can be money-making opportunities. But they tend to be fleeting. These are the stock rallies that occur when the economic outlook is bleak, news...
crashing up n.— «This week’s jump in stock prices could be a “last gasp” of a four-month rally. “Old-timers used to have a term for a day like this,” he said. “They called it ’crashing up.’” Part of the recent rally was caused by...