expropriation - confiscation of property from an entity for use by the state
With the old notion of investment bankers being opulently rich from their exploits being destroyed by the ongoing credit crisis, folks have come up with some really good puns about the current state of things:
"Q: Whats wrong with an investment bank's balance sheet? A: Nothing is right on the left, and nothing is left on the right."
"Q: Whats the difference between a pigeon and an investment banker? A: At least a pigeon can still make deposits on a BMW."
"Q: Whats the difference between a guy who has just lost everything at a casino in Vegas, and an investment banker? A: A tie. "
"I went to by a toaster and it came with a bank."
Sunday, October 5, 2008
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