Top 10 Financial Crisis Buzzwords
From Naked Shorts to TED Spreads, a quick primer on the jargon that has emerged from this recent financial crisis
Tarp
Definition: Troubled Asset Relief Program, the government's term for the Wall Street bailout bill. The term was first coined by Treasury Secretary Henry Paulson. The $700 billion bill passed the Senate Oct. 1, the House Oct. 3, and was signed by President Bush that same day.
Usage: "The point is that TARP is the only plan on the table that has both a reasonable chance of political success and a reasonable chance of economic success." (Washington Post, Oct. 2, 2008)
View the full list for "Top 10 Financial Crisis Buzzwords"Latest Lists
Around the Web
-
Anne Burrell Comes Out: Food Network Star Confirms She's A Lesbian
From THE HUFFINGTON POST
-
John Edwards Trial Juror Flirting With Ex-Senator
From THE HUFFINGTON POST
-
Tide Redesigning Box After Kids Mistake Detergent For Candy
From SLATE
-
Islamist Leader Likely To Face Former PM in Egyptian Runoff
From SLATE
