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New Investment Terms

Feature Article
 
 


In light of the fact that so many corporate executives have been caught and indicted for stealing and lying with shareholders money, many investment terms had to be re-defined.


New Investment Terms


CEO- Chief embezzlement officer

CFO- Corporate fraud officer

NAV- Normal anderson valuation

EPS- Eventual prison sentence

EBDITA- Earnings before I tricked the dumb auditor

EDIT- Earnings before irregularities and tampering

Source: The Wall Street Journal..7/1/02


Lois Center-Shabazz is the founder of MsFinancialSavvy.com and author of the 3-time award-winning personal finance book, Let's Get Financial Savvy! ISBN #0971979502.


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