new york shock exchange
new york shock exchange

Shock Comes to Harlem 2010 045
 
 

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BIG HAT NO CATTLE

In Business
A man who constantly sports a suit with double vents, wing tips, and an Hermes tie, but (i) has never completed an acquisition and (ii) if pressed, would be unable to articulate the difference between a good deal and a bad deal. 

On the Court
A kid sporting Air Jordan sneakers, an AI sleeve, wrist bans, baggy shorts, and a New York Shock Exchange original team jersey, with no game.

In The Real World
A man with a big ten gallon hat, Wrangler jeans, and cowboy boots (with spurs), but (i) does not own an oil well, (ii) does not live on Southfork, and (iii) his girl looks nothing like Sue Ellen.  Also see Bernie Madoff.

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MULLET

In Business
A person who consistently makes bad investments. A term germane to leveraged buy-outs (“LBO’s”) where there are several tranches of the capital structure to invest in – senior debt, subordinated debt, preferred equity, and common equity. The “mullet” is the investor who invests in that tranche which offers the lowest return for the risk taken, hence the term “mullet money”.  Also see AIG.

On the Court
A player who consistently tries to do what he is incapable of, i.e. the point guard who tries to post-up and the center who tries to dribble through a full-court press.

In the Real World
A dumb fish. A mullet sits at the bottom of the ocean with its mouth open. If fish swim into its mouth then it eats. If not, then it starves to death.

CLM (CAREER LIMITING MOVE)

In Business
When your boss asks you “would you like to take that 6 month assignment in Des Moines, IA?” you decline. It’s not optional, he just wants you to think it is.

On the Court
Trying to cross-over a great defender.

In the Real World
Choking the coach.

BULL MARKET

In Business
Prolonged rise in stock or bond prices, usually characterized by high trading volume.

On the Court
Calculate the number players the NBA drafted straight out of high school during the period from 1995 to 2005.

BEAR MARKET

In Business
Prolonged period of falling stock or bond prices. A bear market in stocks is usually brought on by the anticipation of falling economic activity while a bear market in bonds is usually brought on by an increase in interest rates.

On The Court
Calculate the number of NBA players drafted straight out of high school after 2005.

WHITE KNIGHT

In Business
Friendly acquirer sought by the target of an unfriendly takeover

On the Court
When a defender gets beaten baseline by an opponent, his teammate, seeing both ball and man, comes over to reject the offensive player’s dunk attempt.

BLACK MONDAY

In Business
October 19, 1987, when the Dow Jones dropped 508 points (22.6%), reflecting investor anxiety about inflated stock price levels and federal budget and trade deficits.

On the Court
The night Cornbread was shot.
 
 



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