Do you speak Goldman Sachs?

More insider jargon from the planet's favourite bank

Friday 16 March 2012 01:00 GMT
Comments

1. LDL – email sign-off "let's discuss live" – so staff could talk complex deals face-to-face (and perhaps avoid doing so on email)

2. Thin files – borrowers with good credit because they'd never had a loan

3. Widows and orphans – Wall Street euphemism for unsuspecting investors (see also, "muppets")

4. Compensation Communication Day – bonus day!

5. Cats and dogs – risky financial instruments (as used in an email by CEO Lloyd Blankfein)

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