Wall Street Definition of Bonds: "Certificates of Confiscation" that are "Certifiably Safe" but you lose money on them. Oxymoron, anyone?
Wall Street econobabble explained with humor and insight : ”We’re a little light on fiscal murders this week and we’d like people to step it up a little.” – the wit and wisdom of James Grant. (Also must see ”the essence of the banking system” (above) to put you into the right mood.
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