kitchen sink-it v. phr.—Gloss: To report the worst financial performance possible. «In a note to clients yesterday, Credit Suisse analyst Thomas Gallagher said that although the number seems high, it is “plausible, especially if AIG...
go doughnuts v. phr.— «In bailing out Countrywide Financial, the Bank of America CEO might have spared the kind of worst-case meltdown the market has been fearing for months. “This was good for the financial system,” is how...
meter n.— «“Thirty meters. Take it or leave it!” said a vendor who gave his name only as Ephraim. In street parlance, a million Zimbabwe dollars is a meter.» —“Impoverished Mozambique becomes new shopping destination for...
high-low adj.— «What strikes you first are the musicians—most are African American, and on this night, they are decked out in, to use street parlance, “high-low”—blazers over T-shirts and jeans instead of penguin suits and...