This article illustrates how enterprise wide risk management has evolved over the last few years and emphasises how organisations can benefit from adopting it.
Terms associated with ongoing financial meltdown
Given all of the problems with the current global financial markets, you might like to reacquaint yourselves with the following terms:
CEO –Chief Embezzlement Officer
CFO– Corporate Fraud Officer
BULL MARKET — A random market movement causing an investor to mistake himself for a financial genius
BEAR MARKET — A 6 to 18-month period when the kids get no allowance ; the wife gets no jewelry, and the husband gets no sex
VALUE INVESTING — The art of buying low and selling lower
P/E RATIO — The percentage of investors wetting their pants as the market keeps crashing
BROKER — What my broker has made me
STANDARD & POOR — Your life in a nutshell
STOCK ANALYST — Idiot who just downgraded your stock
STOCK SPLIT — When your ex-wife and her lawyer split your assets equally between themselves
FINANCIAL PLANNER — A guy whose phone has just been disconnected
MARKET CORRECTION — The day after you buy stocks
CASH FLOW — The movement your money makes as it disappears down the toilet
YAHOO — What you yell after selling it to some poor sucker for $240 per share
WINDOWS — What you jump out of when you’re the sucker who bought Yahoo @ $240 per share
INSTITUTIONAL INVESTOR — Past year investor who’s now locked up in a nuthouse
PROFIT — An archaic word no longer in use
- The modern day bank manager
- International driving licences go on-line!
- Let's put tax cuts in terms everyone can understand.

