Daily Archives: 09-06-01

Promising idea

By m3t00 | Published: 09-06-01
Deny pensions to former execs of too-big-but-failed companies. See also: “Troubled asse(t)s,” wherein Credit Suisse Group compensated bankers “with an illiquid group of junk bonds, mortgage-backed securities and corporate loans.” Cf. malus, n., “The return of performance-related compensation originally payed by an employer to an employee as a result of the discovery of a defect [...]
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POTD

By m3t00 | Published: 09-06-01
Phrase of the day: see-through buildings. Washington Business Journal: Anyone who follows the commercial real estate market knows there are buildings in trouble throughout Washington, but as one drives along the Dulles Toll Road or Route 28, it’s hard to miss the signs of distress. “See-through buildings” dot the corridor, bereft of the interior office [...]
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