Businessweek 20081020(野雞)

ref : the result of credit crutch (provided by Edison)
Washington Mutual acquired by JP Morgan
Merrill Lynch acquired by Bank of America
Wachovia bank acquired by Wells Fargo
Goldman Sachs and Morgan Stanley turn into Commerce Bank.

WALL STREET STAGGERS (page 28)
Stagger 搖晃,蹣跚
Deregulation 撤銷管制規定
Arcane 晦澀難解的
Derivative 衍生性金融商品
Calamity 災難;大禍;大災害
dig out 發現;找出
hubris 傲慢;驕傲
You never know who's swimming naked until the tide goes out.

THE FED’S MONEY MACHINE
ammo 彈藥;軍火
ammunition 彈藥,軍火
Never underestimate the power of a central bank, which can conjure up money from thin air.
Ref: The tool of Fed
Rate cutting
Create money
Purchasing Treasury securities from banks.
Buying up other assets(riskier kinds of bonds, stocks)

Ref: The risk of FedInflation
Losing its cherished independence
Keep asset prices artificially
Prop up weak financial institution.
Excessive borrowing

STOP NAKED SHORTS!! (page 007)
Naked shorting 無劵放空
Investor sell shares they don’t own without even arranging to borrow them first.

POISONED MILK IN CHINAM
elamine三聚氰胺
Ref: Chinese Again Victimzed by Poisoned Products.

BTWNOW:BEAUJOLAIS PLASTIQUES
nob 自負傲慢的人
Beaujolais 博若萊紅葡萄酒(產於法國東部Beaujolais地區)

SILVER SCREEN, PLATUINUM SEATINGP
lethora 過多
Multiplexes 多放映場影劇院
Cachet 特徵;紀念郵戳
With a plethora of new movie theaters to compete with, some of Tokyo’s multiplexes are trying to raise their profile by increasing their cachet.Smash manga 熱門連載漫畫